February 20th, 2010
First Time Buyer? Look at Short Sale Houses
With the large number of short sale houses that are for sale right now you can easily make the jump from renter to homeowner. Short sale houses will give you the opportunity to snag a great deal on a home right now and to finally own your own property. You shouldn’t throw your hard earned money away by continuing to rent.
Short sale houses are available on the market for prices under other houses in the area. The owners of these homes have come upon challenging financial times and are looking for a way to sell their home promptly so that they do not have to foreclose on it. If you are searching for a solid deal on a home without the hassle of purchasing a foreclosure from a bank, a short sale will supply you with the right choice.
The government is also offering an $8,000 tax bonus to masses who are first time buyers right now. Even if you buy a home that is in a short sale you are still eligible for this tax break. Imagine, you’ll be saving thousands of dollars on the purchase price of the home and also be getting an extra $8,000 credit.
These are extensive savings. It is time for you to stop devising excuses as to why you can’t become a place owner and finally take the plunge. You’ll be so glad that you did. Your home will be the best investment that you have ever made.
You’ll be surprised to find out that with a solid down payment your mortgage can be the same dollar amount that you were paying in rent. Why rent when you can get a great deal on a home and a tax break? Take the time to heck out some of the houses that are being sold in short sales in your area.
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