David Knox, a real estate expert for more than 30 years, shares with Downtown San Diego Home Buyers the full meaning of the Extended Home Buyer Tax Credit. The benefits of the tax credit to both first-time buyers and move-up homeowners are discussed extensively.
Knox explains that the tax credit is just one of the things that make today one of the best times to buy a home, even considering the media negativity surrounding the real estate industry. National media networks report on the nationwide status of real estate, so the local market could be better, as is the case with San Diego Downtown Real Estate. On the other hand, the lowest interest rates since 1971, coupled with huge selections of low-priced quality homes, are very good reasons to consider making a home purchase now.
San Diego Downtown first time homebuyers can receive a tax credit of 10% of the purchase price up to $8,000. Current homeowners can receive up to $6,500. This tax credit is extended until April 30, 2010. Knox clearly explains the details on the video, including purchase qualifications, income limits, and waiver of repayment, and also presents a time table for those planning to buy a home to take advantage of the tax credit before it expires. He also gives tips for those considering selling their current home: to price it to the market, and to prepare it to sell.
Finally, Knox addresses the question many potential San Diego Downtown home buyers are asking: Should I buy a home now? He then gives answers and explanations to those buying in a down market, and those attempting to buy at the bottom.
In parting, Knox states, "The number one reason to buy a home is to have a place to live and raise your family. The joy of homeownership has to outweigh hitting the absolute bottom of the market."
Consult your Downtown San Diego real estate professional now to find out more opportunities from the Extended Home Buyer Tax Credit.
For further information on any Downtown San Diego Condos contact:
Gregg Neuman
1-800-221-2210
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