Well the holiday is over and the kids are back in school. The weather is cooling over and a new season is beginning.
I wanted to update you on the First Time Home Buyers Credit, it appears that it is not as solid as we had hoped.
There's
no serious talk of reinstating the homebuyer tax credit, the White
House and real estate industry trade groups say, quashing speculation that followed statements Housing Secretary Shaun Donovan made on a Sunday morning news show.
This is apart of an article written by Inman News.
But that is not all bad news, interest rates are the lowest we have seen in many years, housing pricing are low, the inventory of homes is high. Now is a great time to buy and enjoy equity in later
year. There is a reason to buy now though, private mortgage insurance premiums will be going up Oct. 4th. so if you are thinking of buying in the real near future you may want to contact
your lender and talk to them about how to get a home purchased before this increase. Of course if you need help in located a home I can help you please call or email me and I will send
a list of homes to preview.
I do have an open house coming up this Saturday on a nice rual property in Buhl. This was know as the Valley View Lavender Farm for years. It now being sold as a residential property with
land and home only. This property is worth looking at. Peaceful setting with many possibilities. Open house Saturday Sept. 11 from 1-3 PM. Hope to see you there!!!!
http://www.realtybysandy.net/Listing/ViewListingDetailsAuthenticated.aspx?ListingID=22800422&Preview=false&TabID=2384131