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President Biden is looking to give a big boost to homebuyers and builders by proposing a $15,000 first-time homebuyer tax credit, which could be accessed immediately by the buyer, thereby serving as down payment assistance. Additionally, the FHA could also reduce its monthly insurance premiums under the new leadership. I will update this page soon as Updated: 11/25/09 & $6500 Homebuyer Tax Credit FAQ's
>>>>> ARCHIVED INFORMATION PERTAINING TO THE 2008-2009 HOMEBUYER TAX CREDITS <<<<< Economic Stimulus Package Approved! Updated: 2/20/09
> 2009 Economic Stimulus Plans -
$8,000 Tax Rebates Incentives for First-time Homebuyers
FOR IMMEDIATE RELEASE DENVER, CO (AR&A) February 6, 2009 -- While the bureaucrats in Washington DC continue arguing over details in their stimulus package, Anthony Rael, a Denver area Realtor in Arvada, Colorado, today announced the passage of the "Homebuyer & Homeowner Stimulus Package" - an exclusive offer that reaches across the political aisle to ensure that anyone who aspires to purchase a property qualifies for one of my credit & cash rebates up to $2,500. Valid for all owner-occupied properties purchased or sold in the Denver metropolitan area. In an attempt to cut through the congressional red tape, members of the small real estate brokerage firm in Arvada, Colorado voted unanimously on Friday morning to provide immediate financial assistance to anyone using their real estate agency to purchase or sell a home in the Denver area. Broker/Owner and Denver REALTOR® Anthony Rael, says "the real estate market is on life support and we believe that cash rebates and cash incentives can act as a defibrillator to help resuscitate consumers and breathe a little confidence back into the local market." Regardless of the economy, who doesn't like saving a few bucks? While the Denver area has certainly seen it's share of bank-owned, short-sale and foreclosures in the past few years, Rael is quick to point out that "the Denver real estate market is nowhere near as bad as other parts of the country, and buyers who are waiting for the bottom to fall out and sellers who are feeling like this simply isn't a good time to make a move - may be making a big mistake." The truth is, our current real estate market presents opportunities for homebuyers and homeowners. Now that the inventory of Denver area homes is shrinking, qualified buyers could end up missing out on a wonderful opportunity to get a great home at a great price with an historically low interest rate while sellers might be missing an opportunity to move up or even downsize and come out in better shape that they are today." In addition to the "Stimulus Package" cash incentive plan offered by Rael, qualified first-time homebuyers can also take advantage of tax credits of 10% of the purchase price up to $8,000 offered through the 2009 Housing and Economic Recovery Stimulus Plan. Unlike the $7,500 tax credit for First-time Homebuyers that was offered in 2008 - which was essentially a 15-year interest-free loan, the 2009 Stimulus Plan is a true tax credit / tax refund of up to $8,000 for For more information on the tax credit, visit: www.anthonyrael.com/stimulus/2009stimulus.htm While Rael's stimulus package doesn't provide a magic bullet for homeowners who are upside down (owing more on their mortgage than the home is worth), it does provide equity protection for sellers who are already taking it on the chin. The cash rebates being offered help make it easier to stomach at a time when sellers are feeling squeezed for cash due to decreased market values. By providing equity protection, Rael says "sellers are appreciative by the fact that they can save thousands of dollars when selling their home without feeling like they are sacrificing service by their listing agent." Rael's firm offers a thorough neighborhood analysis and once the numbers are crunched, many sellers will be surprised to learn that selling for a reduced price today isn't the end of the world like they may have otherwise been led to believe by the news media. Regardless of the current market, well-cared for homes in good neighborhoods that are priced right - are still selling quickly. This economic stimulus offer is brought to you exclusively by Anthony Rael and is available on a first-come first-served basis through May 1st, 2009. Some restrictions may apply, but every effort will be made to ensure that everyone receives a substantial credit or cash back bonus. For details on the "Homebuyer & Homeowner Stimulus Packages", contact Denver Real estate Agent Anthony Rael .
Anthony Rael is a full-service real estate brokerage firm serving the greater Denver metropolitan area and specializes in relocation, first-time homebuyers, home property values, residential home sales, Denver Colorado Real Estate & MLS/IDX Listings, single family homes, condos, lofts, short-sale, foreclosed, bank-owned & investment properties. Providing professional & trustworthy real estate services to buyers & sellers throughout the Denver metro area including Arvada, Aurora, Boulder, Brighton, Broomfield, Castle Rock, Denver, Golden, Highlands Ranch, Lakewood, Littleton, Parker, Thornton, Westminster, Adams County, Arapahoe County, Denver County, Douglas County & Jefferson County. Contact Anthony Rael ####
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RESIDENTIAL REAL ESTATE /
NEW HOME CONSTRUCTION /
RELOCATION /
FIRST-TIME BUYERS /
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