According to RIS Media, you are likely to save more money if you buy a home now than if you had received the home buyer tax credit. If you thought you missed your chance for savings because the home buyer tax credit expired, it is not too late to save. RIS Media featured a video on their real estate website titled “If you Missed the Home Buyer Tax Credit” and it gives several reasons why now is the time to buy a home.
- Less home buyers
During the Federal tax credit, there were many more home buyers, but now that the tax credit is expired there are less. This is good news for you because fewer home buyers means less demand, which translates into lower home prices to encourage demand.
- Sellers offering incentives
Desperate home sellers and builders are offering cash incentives, free upgrades, club memberships, free televisions, and more to encourage buyers.
- Record-low interest rates
You are able to have tremendous savings over the life of your home loan with the low mortgage rates. This is where you will save the most money and you might not get this opportunity in coming years.
If you dream of homeownership, but think that it is too late because you missed the home buyer tax credit, don’t wait any longer to buy your dream home. Click If you Missed the Home Buyer Tax Credit to watch the full video and look for the video on the bottom right corner.
Give us a call if you would like to relocate to cities located north of Atlanta, such as Johns Creek, Dunwoody, Duluth, or Alpharetta that offer quality homes and easy access to business opportunities in Metro Atlanta. Click Homes for Sale North Atlanta to view homes that are currently on the market.
Photo Credit: Filomena Scalise on freedigitalphotos.net