You might be a bit afraid or intimidated by the whole process of buying your first home. As top Omaha, Papillion and Bellevue real estate experts, it's our job to guide you, from beginning to end.
Have you heard about the tax credit for first time homebuyers of up to $8000? We know that it is almost impossible for you not to have heard about it by now.
On November 6th, 2009 President Obama signed a bill that extended the tax credit until April 30th, 2009. The one exciting feature about this new bill is that as long as your purchase agreement was written by April 30th you will have until July 1st to close on the home. Most homes are able to close within 30 days of an accepted contract. The tax credit amount is still 10% of the purchase price of the home up to $8000. To be considered a first-time homebuyer you must not have owned a home within the last three years. There are some income limits that apply: $125,000 for single buyers and $225,000 for couples.
Information on the New Tax Credit
Frequently Asked Questions Regarding Tax Credit
We will take the time to go through each and every step of the buying process. There are no dumb questions!
Together, we will consider:
- How much can you really afford?
- How to qualify for a mortgage.
- How much cash you should put down.
- How to buy a home with little or nothing down.
- What it takes to get approved for financing. What banks and other financial institutions are looking for.
- How much your payments will be.
- The tax advantages of buying.
- Is renting or buying better for you?
Tell us a bit about your situation below. We'll get right back to you. There is absolutely no charge, and we offer this to you with no strings attached.