This is a Sponsored Post written by me on behalf of Coldwell Banker. All opinions are 100% mine.
It’s no secret that I hang out a real estate office when I’m not busy doing everything that keeps me busy in my life.
I hear a lot about the ins and outs of Real Estate, I hear about deals and financing, and credits and closing costs -for as much as I listen and try to retain, it’s still all Greek to me.
This is why I love the Internet!
Coldwell Banker has put together a handy little ‘Learn Center’ for people looking for help with figuring out how to best use their 2010 Homebuyer Tax Credit, and even whether they’re eligible, there’s even a handy video.
It’s a simple site, easy to read, put together buy a very reputable company in real estate.
Let’s see what I can remember about the 2010 Homebuyer Tax Credits.
The idea behind the Tax Credit Program was to give the housing market a nudge and prompt buyers to.. well… buy.
Agree with tax incentive like this or not, according to recent surveys, first time buyers in 2009 rose 47% which is the highest increase since 1981 – pretty positive proof, right?
I personally know people who have made use of these tax credits and it eased the financial burden of them buying their house quite a bit.
Well, of course, as with anything to do with buying a house it’s well worth your doing a whole lot of research, even peruse the houses in your area on same site you’ve been doing your research on.
If you’re a first time homebuyer (or haven’t owned a home in 3 years) you’re able to get $8,000 in tax credits.
If you’ve owned a home for 5 of the last 8 years, you’re able to get a $6,500 tax credit when you buy a new home.
This homebuyer tax credit program has proven so popular and worked so well that is has already been extended. It likely won’t be extended again though, so hop on it and get to searching, researching and talking to those in the know.
Start your research. Learn about 2010 Homebuyer Tax Credits.
Author: Andy Quayle
Andy was born in the Isle of Man and currently lives in Pittsburgh.
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