Tuesday, April 20, 2010
Only 10 Days Remain for Home-Buyers to take advantage of the Tax Credit in Ocean County, NJ!
What does this mean for "First Time" Home-Buyers in Ocean County?
It means; if you are NOT "under contract" on your new home by April 3oth, 2010, you are NOT eligible for a Tax Credit of up to $8,000!
What does this mean for "Repeat Buyers" in Ocean County?
It means; if you are NOT "under contract" on your new home by April 30th, 2010, you are NOT eligible for a Tax Credit of up to $6,500!
What does this mean for Home-Sellers in Ocean County, NJ?
It means, on May 1st, 2010, your home will be worth LESS than it is today as the artificial demand created by the Tax Credit will dissappear!
Won't the Government "extend" the Tax Credit again?
NOT likely! All indications are the Tax Credit will be history come May 1st, 2010!
What could I still do to make the deadline?
Contact a professional real estate agent right away! There is still plenty of inventory available and as long as you are "under contract" by the April 30th deadline (and meet the other requirements to qualify), you are eligible to receive the Tax Credit, provided you "close" on your new home in Ocean County, NJ, by June 30th, 2010!
Posted by Coldwell Banker Flanagan Realty at 3:47 PM