Federal tax credits ranging from $6,500 to $8,000 will no longer be available to buyers unless they have a fully executed real estate contract by midnight Friday, April 30th.
Most BUYERS understand that this is a rare opportunity to have Uncle Sam help them buy a new home, but what about home SELLERS who currently have their homes listed? Consider this: nobody wants to be the proud owners of two mortgage payments, so the natural sequence is to sell first, then buy. But if an owner has the ability to purchase prior to selling, execute a contract this week and specify a closing on or before June 30th (to comply with the tax credit criteria). That allows 2 more months in which to work with your Danberry Real Estate Agent to get the first home sold, and IF you qualify for the $6,500 tax credit (that would otherwise disappear Saturday), sellers can use that to cover the additional costs for a substantial period of time.
Don’t let the time run out! Find Toledo homes for sale with Danberry. If you are buying or selling a home, find an experienced Danberry Real Estate agent to help you have a successful real estate purchase or sale. Our inventory includes Maumee homes, Sylvania homes, Monroe homes and many other fine communities.
