November 25, 2009

Time to Give Thanks

Posted to Justin Stevenson

Every year during the week of Thanksgiving I always sit and think of all the things I am thankful for in my life. I am grateful for many things like family, friends, sports, and a wonderful job. One thing I am always thankful for is the opportunity of owning my home. My wife and I have owned our condo for the past two and a half years and it has been great. The feeling you get when you buy a home is something that is hard to explain but it is a feeling of satisfaction. Knowing that you are paying for your home versus paying for someone else’s home when you rent is such a great feeling.

Many people may feel that now is not the time to buy, but they are wrong. Now is the best time to buy. With interest rates as low as 5-6%, the first-time home buyer tax credit of $8,000 extended until April 30, 2010 and now the new tax credit for people who have lived in their property for at least 5 years can now receive a tax credit of $6,500 when they buy new property. If free money is not an incentive for you to buy a home I don’t know what is! For those who don’t qualify for the tax credit you can still take advantage of the low interest rates. Either the tax credit or low interest rates or both…now is the time to buy.

For more information about the tax credit and how it works and who qualifies for the tax credit please contact me by email at justin@welchrandall.com.

Posted By: Justin Stevenson

Tagged With: $6500 tax credit, $8000 tax credit, current homeowner tax credit, first-time home buyer tax credit, giving thanks, northern utah real estate, ogden real estate, owning a home, renting vs. owning, salt lake city real estate and the current real estate market

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