South of the River News

July 29, 2009

$8,000.00 up for grabs! The first time home buyer tax credit.

Filed under: Home Tips, Upcoming Event — Tags: , , — Nichole Fredrickson @ 8:37 pm
July 29, 2009
10:00 pm
10:00 pm

With all the buzz about the slumping economy, rebates and incentives, it is hard to believe we need to remind buyers to get started now with their buying process in order to capitalize on the $8,000 first time home buyer tax credit!

If you want to take advantage of the tax credit, you must qualify as a first time home buyer…. this means you must not have been on title on a home within the last 3 years.

I invite you to get started on the process by speaking with the experts at Cornerstone Mortgage Company. The folks at Cornerstone Mortgage are going to be the essential first step in your home buying process. Since home sales are up over 20% from June of 2008, homes that are priced in accordance with the market are going fast. If you find the home you love and are not pre-approved, chances of you getting that home are very slim.

Once you are pre-approved with Cornerstone Mortgage, then we go over your home search criteria and shop for that new home! Most buyers will look for 30-60 days before they find what they are looking for. Once you have the home, it will probably be between 30-60 days before closing.

I anticipate a crazy, busy November with many first time buyers closing on home in order to receive the $8,000 tax credit, so prudent buyers will get started now! This is a wonderful opportunity to cash in big on one of the most important investments you will ever make. Take the necessary steps to insure you give yourself enough time to go about the process.

You can reach Cornerstone Mortgage Company at www.MnHomeLoan.com or through my website at www.NicholeFredrickson.com.

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