Friday, November 20, 2009

Good Real Estate New-Tax Credits Extended- Interest Rates Stay Low

Good news for first time homebuyers and primary home buyers.

WASHINGTON –

The $8,000 tax credit for first-time home buyers was extended.
Lawmakers in Washington also added a $6,500 tax credit for other primary-home purchasers and raised the qualifying income limits to $125,000 for single taxpayers and $225,000 for joint taxpayers.

Buyers must have sales agreements in hand by April 30, but they will have until June 30 to go to settlement.

Other News.

Sales of homes continue to increase in the Keys as well as the rest of Florida. Asking prices are at levels we haven't seen in a number of years and interest rates remain near record lows. When your ready to start looking or buying please keep me in mind.

Please contact me if I can be of assistance with your home search.

Thanks

Rob Skeel , Realtor- e-Pro - Cell --305-393-6300 Email--rob@robskeel.com
Century 21 Keysearch Realty--877-660-4637
Web Site-- www.RobSkeel.com

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