Sunday, May 2, 2010

Tax Credit Ends; Deal Season Begins

There was a mad rush of buyers putting in contracts by April 30 to take advantage of the federal government's tax credits for home-buyers. April 30 was the deadline and a staggering eleven contracts were turned in at my office, Prudential Network Realty's Avondale / Ortega branch.

If you are a potential buyer you might be thinking you missed a great opportunity for getting up to $8,000 in tax rebates. While it is true that the tax credits for home buyers are no longer available, it is also true that there are still a great many properties available on the market. And the pool of buyers just shrank dramatically. That's why I am not joking when I say that "Bargain Season" is just beginning. Some sellers will be motivated to come down much more than $8,000. Especially with fewer buyers competing for those properties.

Please contact me, Josh Nugent, so that I can assist you in taking advantage of this great time to buy real estate anywhere in Northeast Florida.

No comments:

Post a Comment