Have you heard that the Senate is discussing increasing the tax credit for a home purchase from $8,000 to $15,000?
Did you know that this new program could be available to everyone? That is, everyone looking to purchase a home to actually live in, not an investment property, or a vacation home.
Still, for those of you waiting for more incentive to buy now!!! would an extra $7,000 make a difference?
Rates have been on roller coaster ride lately, and look to be unlikely to hit the lows in the mid 4% range. Higher rates means your dollar doesn't go as far as it would at lower rates - but $15,000 to help you out? That would cover all your closing costs and then some cash in your pocket - just for buying a house?
Stay tuned. I'll keep you posted as more news rolls out
Best regards
Shelby Bateson
503-819-6545
Did you know that this new program could be available to everyone? That is, everyone looking to purchase a home to actually live in, not an investment property, or a vacation home.
Still, for those of you waiting for more incentive to buy now!!! would an extra $7,000 make a difference?
Rates have been on roller coaster ride lately, and look to be unlikely to hit the lows in the mid 4% range. Higher rates means your dollar doesn't go as far as it would at lower rates - but $15,000 to help you out? That would cover all your closing costs and then some cash in your pocket - just for buying a house?
Stay tuned. I'll keep you posted as more news rolls out
Best regards
Shelby Bateson
503-819-6545
