Updated on :11/06/09
Breaking News!
Tax Credit Extension + Low Rates = Win-Win
Great news! The government has just extended and expanded tax credits for homebuyers - and not just those buying for the first time.
- First time homebuyers can now receive an $8,000 tax credit through April 30, 2010
- Home buyers who have lived in their residences for five years may now receive a credit of $6,500
- The tax credit is now available to individuals earning up to $125,000, or $250,000 for couples
These tax credits are in addition to super low rates and high lending limits for FHA and VA!
- Now is a great time to secure a super-low rate on a purchase loan
- FHA Loans now go to 729,750 with 3.5% down through 2010!
- VA Loans limit is 812,500 with ZERO down!
These higher conforming loan limits help make larger loans more affordable and easier to obtain with a very low downpayment.
If you are thinking of buying your first home, moving up to a larger home or relocating this is good news for you.
If you are thinking about selling this is your window of opportunity. Inventory is low and DEMAND is high!
If you or someone you know is thinking about buying or selling in the next six months please call 703-590-2252 or email me at Erick@ErickandCompany.com
Have A Great Weekend,
Erick
14029 Crossing Place
Woodbridge, VA 22192
Learn more about market conditions in Prince William County at LakeRidgeVirginaRealEstateNews.com orWoodbridgeRealEstateNews.com
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