Still Renting in Albuquerque, NM…?
Are you a renter still sitting on the fence about buying your first home?
If so, even though everyone is talking about doom and gloom in this economic climate, this could be the perfect time to be a home buyer in Albuquerque.
Doesn’t buying a home sound like a crazy thing to even consider especially with all the talk of the worst recession since… And even that “D” word no one likes to say is not just being whispered any more but being discussed openly?
Just take a look at the recent government incentive program called the American Recovery and Reinvestment Act. And pay particular attention to the part about incentive tax credit programs for first time home buyers and you will see what I mean.
In fact, it’s such good news for home buyers and sellers alike that we may see more scenes like the picture depicted in this article. It’s funny but true!
Don’t Miss Out on This Government $8000 Tax Incentive…
This government home buying incentive program states that people who haven’t owned their own home within the last three years just might be eligible for up to $8000 in tax credits. Those who qualify must purchase their own home by November 30 of this year.
The best part of all is that you can reap the tax benefits almost immediately by applying it towards your 2008 taxes. And for those of you who have already filed, you can still benefit right away by sending in an amended 2008 tax return.
And if the $8000 is more than your tax refund, you will receive the remainder in cash. It really doesn’t get any better than that as far as I can tell. This could give you that extra cash you need to decorate your new real estate investment to suit your individual needs.
If I didn’t already own a home, I would be jumping on that band wagon as soon as possible. What a fantastic idea for getting this economy moving again.
I know of lots of people in the Albuquerque, New Mexico area of all ages who have wanted to purchase a home but were too afraid until now. But since finding out about this new home buyer tax credit program, they’re now out there looking and even signing on that dotted line.
If you think you might qualify, check out the following websites for more information:
http://www.federalhousingtaxcredit.com/2009/faq.php
http://www.realtor.org/government_affairs/gapublic/homebuyer_tax_credit
So don’t miss out on this once in a lifetime home buyer tax credit and sign on the dotted line before it’s gone. Who knows, before you know it, you and the seller of your new Albuquerque area home may be jumping for joy just like our guy in the image above.
More Related Content:
- Albuquerque Stress Relief – Time For A Good Laugh I know I'm always looking for a good laugh here in Albuquerque, New Mexico. How about You? And the best part of a good laugh,...
- It’s Time to Really Cheer for Albuquerque Isotopes ISOTOPES TAKE SERIES FROM ‘HAWKS WITH 5-3 WIN The Albuquerque Isotopes (58-48) proved they could scratch out, not just slug out a win, edging the...
- A Great Website for Albuquerque College Bound Students Are you an Albuquerque, NM student looking for the real scoop on that college or university you have your eye on? Or are you Albuquerque...
- Should I Consider an Albuquerque Home Exchange? You may not be familiar with the concept of home exchange here in Albuquerque but it has become a very great way to relocate or...
