The next 85 days should see a huge surge in home sales because the $8,000 First-Time Homebuyer tax credit stops on November 30, 2009. Activity and showings have increased dramatically since September 1st, and are only expected to continue at this pace. Sellers and buyers should be aware that after the deadline to sell and settle on properties, you will no longer be able to take advantage of the tax credit. Home showings and interest has increased, especially in properties under $417,000. If you are interested in listing your home, do not wait any longer. Make sure your home is priced properly, because there is no extension of the $8,000 tax credit, sellers may have to accept offers much less after November 30, than in the next 85 days. Price your home to sell. If there is no showings/activity your property is overpriced. Take advantage of the SURGE. Don’t wait until next week; get your property on the market today!
85 Days Left…$8,000 First-Time Homebuyer Tax Credit
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$8000 First-Time Homebuyer Tax Credit