Do you yearn for a little cottage with a white picket fence? Does a rambling ranch strike your fancy? Are you perhaps interested in a sophisticated condo in a stylish city?
My daughter and son-in-law want to buy a home of their own in a quaint suburban neighborhood. It is a dream shared by many people. We Americans do not feel complete unless we can own property.
If, like my children, you are considering buying a house, try to do it soon. Right now, there is a Real Estate Tax Benefit to buying a house that should not be missed, if you qualify.
The Homebuyer Tax Credits have been extended into 2010. They have been expanded to include not just first time purchasers, but also people have not owned a home in the last three (3) years and those who have owned a house for the last five (5) years but want to move on to a new house.
Coldwell Banker has an easy to understand informational page that outlines those who qualify for The 2010 Homebuyer Tax Credits. The page includes the deadline dates and income limits you must meet to take advantage of this program. They have also put together this short video that highlights this tax benefit.