30 year fixed 5.00% with a 5.181 apr....USDA 0 Down 5.5% rate with 5.692% apr....Fha 30 year 5.375% with a 5.519% apr

Great time for buyers to jump in the market with prices having fallen, great rates and the $8,000 tax credit which is available to those who haven't owned a home in the last three years or are first time homebuyers.

 

If you haven't owned a home in the last three years you are considered a first time home buyer. The $8,000 tax credit that the goverment is offering will only be available until November 30th of this year. Buyers need to get in there and buy now. Interest rates are at historical lows, prices are great and a tax credit to boot!

Income thresholds, $75,000 for individuals and $150,000 for joint filers. After those limits the credit begins to phase out. If you bought a home this year and expect your income to be lower than next year's, it makes sense to file for the credit this year using a 2008 amended return.

Go for it!!

 

It's easiest to become a millionaire in Angola, where $10.54 converts to 1 million units of Kwanze currency. Please send me an email when you become a millionaire and I will find you the perfect home.

The market in Oregon is picking up, sales are up and listings are plentiful. 1st time home buyers need to get on the bandwagon and start using the $8,000 tax credit that the goverment has made available.

Did you know that George Washington is the only US president to be voted in unanimously?

Did you know that 84.4% of Nevada's land is owned by the federal government, more than any other state?

Did you know that half of all American's live within 50 miles of their birthplace? Give me a call and I can sell you that home!

 

The rules have now been changed for the 1st time homebuyer gift from the goverment. They will now allow FHA loans to accept it as a down payment or if the buyer would rather they can just get their $8,000 when filing their taxes or amend their tax return from last year and get a check for their credit now. It is certainly a great time to buy. Interest rates are low, tax credit available and prices are lower than they have been for awhile.