It has now been over 4 months since the Federal Government Home Buyer Tax Credit has expired. There are still real estate professionals and home buyers mourning the loss of the $8,000 incentive. The opportunity, however, is not gone just because the Government no longer offers it.
With a little creativity with the sellers and your lender, we can up with your own 'tax incentive plan' and save well over $8,000!
Buy down your interest rate. An rate buy-down can save you tens of thousands of dollars over the life of the loan.
Ask the Seller pay for your closing costs and/or concessions.
Negotiate for a lower price. We at Signature Realty have been successful in negotiating as much as 6% below the seller's asking price for buyers in this market.
Get in on the historically lower interest rates! Today's interest rates are the lowest in 40 years.
The money you make and save using a combination of any or all of these opportunities will make a measly $8,000 look like chump change.