Hudson Valley Happenings Blog : May 2009

Click here to read all about it directly from the horse's mouth (or the IRS Web Site)

Yes the $8000 Tax Credit that is currently in effect for homes that close by December 1, 2009 can be utilized through certain approved programs as part of purchase costs if qualified.  This is huge and reason for many of you to start the ball rolling toward home ownership today.  

I work with a lot of first time home buyers and most of you are just trying to find a way to get a down payment together.  The people I work with lately know what they can afford and are being realistic about the size and location of the first home.  They know it is a stepping stone and the ability to use this money that is already allocated to them through the programs already in place with raise that stepping stone a bit higher out of the water.  I hope that many of you decide to explore the possibilities.

There are a lot of other programs out there that may provide additional help to you from grants, special interest rates, and other special incentives.  It is important to explore your situation with someone who can help you find the resources you might be able to use to make unlocking the door to your own home possible.  Please call for more information if you face this issue and I can refer you to someone who will help.

I work as a Buyer's Representative Real Estate Agent in the Greater Hudson Valley of  New York's Orange, Ulster, and Sullivan Counties.  If you are looking for a home here I would love to help you.  If you are looking anywhere else I can refer you to an agent who can help you where you want to be.