The recently-passed economic stimulus package increased the first time home buyers credit to $8000.00. To qualify you must be a first time home buyer or have not purchased or sold your primary home in the last 3 years. To capitalize on this benefit you must purchase your home this year January 1, 2009-December 31, 2009. The money does not have to be paid back as long as you live in the home 3 years. Just think about how large your your 2009 tax return could be with this $8000.00 tax Credit.
In the Tri-cities the home inventory is good, the interest rate is lower than it has been in years and sellers are ready to deal. There has never been a better time to buy. Call me for more information or if you want to buy or sell a home.
Sid Hodge
Your neighborhood Realtor