Time is running out!
Posted by Ted Guarnero Broker on Monday, June 22nd, 2009 at 9:08pm.8000 Reasons to Buy Chicago real estate
With Obama’s economic stimulus package came a hefty incentive for first-time homebuyers. First-time homebuyers, defined as individuals who have not owned a home in the past three years, can claim a credit worth $8,000 on their 2009 taxes. To qualify for this refund, single buyers must make less than $75,000 and couples less than $150,000 (however, there may still be a partial credit for those earning a higher income). But Time is running out !
In effect, first-time homebuyers can knock $8,000 off the purchase price of their new home. This is a great reason to buy now and, coupled with all the price reductions in the market, there are some real bargains to be had. This generous tax credit does have an expiration date though. To take advantage of this fantastic opportunity, homebuyers must make their purchase by November 30, 2009. So, with only a little over three months to go, the time to act is now. Call Ted Guarnero at Baird and Warner to see what $8000 can do for you. 312-810-6693 Or view all Chicago real estate
Ted Guarnero is a full time Realtor with over 750 homes sold and $250 million in sales with 28 years of experience. Working with Baird and Warner a family run Chicago real estate company for over 100 years, offering professional and effective real estate services to help you succeed in the local real estate market. Visit www.seeChicagorealestate.com for information on downtown Chicago real estate and to get in touch with an expert in the Chicago real estate market. Before you hire your next Realtor call Ted Guarnero @ 312-566-8141 - it's on the House !
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