Waiting To Buy Your First Home?

Are you waiting for the perfect time to buy your first home?  You might be staring “the perfect time” in the face.  While we are experiencing and unhealthy economy, the reasons to buy your first home are increasing.  The home prices are low because of the economy, the interest rates are still historically low, and with the First Time Home buyer Tax Credit from the government...the stars are aligning in your favor.

I have heard some say that they still have time since the rumor is that the tax credit which is set to expire on December 1, 2009 will be extended into 2010.  There are many bills under consideration by Congress to extend and increase the Tax Credit, but the likelihood of any of the bills getting enacted this year is highly unlikely.  You could end up playing a game of “Deal-Or No Deal” without even knowing it.  Will there be an increase and extension in the case you pick?  Or should you take the deal and know that it is yours?  In this economy, gambling could prove disastrous. 

There is a great website that could answer any questions you have at http://www.federalhousingtaxcredit.com. You can also check on my website for further information at www.TeamCharlton.com.  For future updates concerning the Tax Credit or anything Real Estate, follow me on twitter at www.twitter.com/RandyCharlton.

Brought To You By Randy Charlton with Century 21 Home Realtors.