The 2009 $8,000 Tax Credit

home finderOne of the measures taken in the Obama administration’s economic stimulus package was a tax credit for first-time home buyers equal to $8,000 or ten percent of the value of the home, whichever is less. For most homebuyers, the first step in the pursuit of a new house is connecting with a trusted real estate professional to help them along the way. Many people are disappointed to find their credit score is less than desirable, even when they pay their bills on time.

This can be a good option and sometimes a rent to own tenant can be found, if they are in between houses. Most states provide for a redemption period after the sale, during the confirmation period, when a homeowner can still recover the mortgage. Off market properties are one of the best ways to find an excellent real estate deal.

Many of my real estate cohorts will probably slam me for telling you this one but it is how many of us find listings and it’s a great way for you to find sellers who are in trouble and have not searched for answers to their mortgage problems. Many REO’s and Short Sales are now being purchased by many of the first time buyers that are savvy buyers using their real estate professional to locate and show them these properties.

However if you have been offered a viewing on a property you cannot bid for any more properties until you have accepted it, refused it or decided you are not interested for any other reason. Use Quick Search or Map Search to browse an up-to-date database list of all available properties in the area, or use our Dream Home Finder form and we will conduct a personalized search for you.

If you are unable to complete an online form you may wish to visit your local housing office for assistance or you can contact the Homefinder UK team by telephone at 020 7619 9705. Thank you for taking the time to get in touch with us. Your feedback is really important to us. If you’ve provided us with your email address, we will be in touch as soon as possible with an update.