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FOUR REASONS TO BUY A HOME IN FLORIDA THIS AUTUMN Now is the time for the First Time Buyers to make their move. Yes, you say, I have heard that before; why is this time different? I´m glad that you asked. The reason for this is as follows: 1. The takeover of Freddie Mac and Fannie Mae has brought the prices of properties probably to their lowest level as the housing market stabilizes. 2. The government takeover of these two entities may reduce interest rates. 3. FHA (Federal Housing Administration) recently boosted its loan limits in expensive areas. In January, 2009 FHA will take back some of that increase as loan limits shrink. 4. The federal tax credit for 1st time home buyers will be shaved by $7,500 reducing their federal tax bill. Money will be refunded to those 1st time home buyers who do not owe taxes. Note: The definition of a first time home buyer is someone that in the last three years has not owned a home. Melbourne Real Estate, Cocoa Real Estate, Rockledge Real Estate, Merritt Island Real Estate, Viera Real Estate, all of these real estate markets offer buyers a vast selection of homes and condominiums with numerous styles and amenities. . Mortgage rates are dropping and the financial market is on the mend. Credit will now become easier to obtain. The time to buy that home is NOW. Making that move at this time means you will have your pick of a huge inventory of homes and condos. The new program just passed by the government will stimulate the real estate market. These real estate properties will begin to sell, thereby, decreasing the inventory. NOW IS THE TIME to find that perfect home with all the amenities that you have every hoped or dreamed of owning. Call me, Diane Shattuck for the up to the minute list of the homes and condos available in the area of your choice. Whether you prefer living on the beach, close to the space center, or in a new growing community, I will be your knowledgeable, professional Realtor that will assist you and your family with the most exciting purchase of your life. |