“Benefits Of Buying New?”

 

1.     NOW IS A GREAT TIME!

·        Home prices are the lowest in years because sellers are competing with each other to get your business and get their homes sold.  Often times leaving them no choice but to reduce their asking price or get left behind. 

 

2.  $0 MOVE-IN / VERY LOW RATES

·        Sellers customarily pay all buyers closing cost in our market, one of the few markets in America.  Some sellers, mostly big builders will even pay points to buy down buyer’s interest rates.

·        Several of my recent buyers closed theirs homes with a 30 year fixed mortgage below 5%.  As stated above, some sellers will pay points to buy down your rate.  Points- A point equals 1% of the loan amount ($150,000 purchase price + $1,500); that 1% can be used to buy down the interest or for other buyer benefits).

 

3.  $8,000 TAX CREDIT

·        If you purchase a home prior to December 1, 2009 you may qualify for an $8,000 tax credit.  This is a refund that does not have to be repaid; it is a great opportunity if you are able to take advantage.  The tax credit can be filed for immediately after you close on your house by completing and amendment to you 2008 taxes.  For answers to frequently asked questions click here. http://www.federalhousingtaxcredit.com/2009/faq.php  

 

4.  LEASE BUY-OUT

·        If you are renting a home, duplex, fourplex or apartment building you could qualify for a new home builder lease buyout.  How does it work?  If you have a few months or several months remaining on your lease and you select a “new inventory home” from a qualifying builder it is possible the builder will pay the remaining term of your lease allowing you to vacate and purchase the new home.

 

5.  FREE FLAT PANEL TV

·        Yes a Free Flat TV!  This offer is only available with participating sellers; normally a large volume builder. 

 

Please fee free to call or email me with questions regarding special offers or any real estate matters you need answers to.  Thanks Byron