Market Update-Financial (Tax Credit)

See article Here: Tax Credit Extension Update

It’s a solid report of expected good news for an extension. Several notes about made in the reading about the New Contruction sales down should not come as a surprise at all.  The past 3 months have reported a declining number in NC contracts. With NC building timelines 4-6 months, closing by Nov. 30th would be a great risk. This extension discussion I believe will push solid traffic even through the winter months. Bringing even more activity from those who fell out of the idea of buying.

We will continue to monitor the activity on our Local Greater Cincinnati MLS over through the remainder of Fall and on into the winter months.

Note to sellers, this does not give you incentive to remove your home from market and relist in the spring. There will be a lot of people doing that already. The inventory will shrink, which will strengthen your leverage to move your home even in what could be somewhat slower winter months.

 

 

Published in: on October 29, 2009 at 22:03  Leave a Comment  
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Builders offering 8k 1st time home buyer extension

BREAKING NEWS for REALTORS and their Clients!!!
Tax Credit Extension

$8,000

Tax CreditExpires November 30, 2009 - crossed out - EXTENDED - Image of Cash House

NOT A LOAN!
PAY NOTHING BACK!

YES, You are reading correctly.

We are so confident the First Time Homebuyer Tax Credit of $8,000 will be extended, we are guaranteeing it will occur, or we will lower the price by $8,000 prior to closing.

Who Will Benefit?

  • Individuals who fear they are too late to take advantage of the credit due to expire November 30, 2009.
  • Individuals who now want to build a new home that would qualify if the credit is extended, but are unsure the tax credit will be available into next year.

We have homes ready now that can close before November 30, 2009.
We have homes ready to close before December 31, 2009 that will qualify when it is extended or will have the home price lowered by us prior to closing.

Maple Street Homes
See maplestreethomes.com for homes ready now.
Visit a community and speak with a sales counselor for further details.

  1. “Guarantee” offer good on purchase agreements executed between October 1, 2009 and November 30, 2009 with closings occurring prior to June 30, 2010.
  2. Reduction of final purchase price only occurs if an extension of First Time Buyer Tax Credit does not occur during the promotion and building period.
  3. If purchaser qualifies for First Time Buyer Tax Credit, then no reduction of price will occur.
  4. No other offers apply and subject to change or be discontinued without notice. See sales counselor for details.

 

If you need help on where the best deals Maple Street/Fischer Homes are, contact The Home Finder Network Direct. Even new construction home builders can be negotiated with on certain terms. I have recent experience with these negotiable terms. There are some fantastic opportunities with New Construction right now, and when an offer like whats noted above is being offered, it almost makes you wonder why you are struggling with finding a resale/foreclosure/HUD home when you can build what you want on the lot of your choice.

visit www.CincinnatiAreaHomeFinder.com for more.

Published in: on October 11, 2009 at 02:29  Leave a Comment  
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