Stimulus Package

A lot of people are talking about the Stimulus Package and all that goes along with it. First, I say, seek advice and guidance from an expert in those areas, such as a Banker, a CPA, a Realtor, as there are many pieces and parts and not even our elected officials know all of the details!

A buyer who has not owned a house in the past three years may be eligible for an $8,000 tax credit if purchase is within a certain period and does not have to be repaid if the buyer owns the property for at least three years. This is not a reduction is taxes but money back to the buyer, so for example, if you owe $3,000 in taxes, you'll end up with a check for $5,000!

If you are considering a purchase, this tax credit can be very helpful especially when added to the current low interest rates and good investory in which to choose!

For a buyer consultation, log on to www.CallChoiceRealty.com and schedule an appointment to meet me!