The federal goverment is providing a tax credit up to $8000.00

There are a few minor guidelines.
First time homebuyer or someone that has not owned a primary home for 3 years prior.
The tax credit is equal to 10% but not more then $8000.00 of the purchase price.
If a buyers purchases a home for $80,000.00 then they are entitled to the full $8000.00 tax credit.
The tax credit is for purchases 1/1/09 - 12/1/09
Single taxpayers income can not exceed $75,000.00 and married couples income can't exceed $150,000.00.
This doesn't need to be repaided!

This is the goverments way to stimulate the housing market. You apply for the tax credit on that tax year form and the goverment will send you a refund.

local market news: volitive market

local market news: volitive market

volitive market

Crazy as it may seam this is a good time to buy! Interest rates have come down again today. a 30yr mortgage for can be financed for 5.1 % - that's a great rate. Compared to a state loan program(PHFA) interest rate of 6.85 % on a 30 yr mortgage. There are an abundance of listings for sale in all price ranges. When there is a surplus of anything in the market the value falls because of demand. The real estate market is still the best investment someone can make. Our area(central Pa) does not have the extreme high and lows of other markets. So the risk is lower. The real estate market always has peaks and valleys that is what makes it a good time to invest. Like they say when buying stock buy low and sell high! Thanks for your time.
Penny Showan

Visit our real estate company site
www.brigandirealestate.com