May
09

The Tax Credit Is Done, Now What?

By Roy Paeth

So the first time home buyer tax credit is done so now what?

While it would have been nice to take advantage of the $8,000 the government was giving away all is not lost. Great deals are still available on homes in the Chicagoland area. Interest rates which appeared to be headed north have continued to tread water. Sellers are still contributing towards closing costs. So while the $8,000 first time home buyer credit may be gone this is still a great time to buy a home. If you are in the market for a home right now do not put things off because the first time home buyers credit is gone. If you wait too long you may just miss out on great interest rate and even greater home prices.

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