URGENT: If you or someone you know is contemplating purchasing a home for the first time, know that they will get an $8,000 check within 60 days of closing from the IRS.

The three conditions are: (1) income should be less than $75,000 for a single person, or $150,000 for married couples, a(2) your escrow must close by November 30, 2009, and (3) eligible people are first time homebuyers.

Note:  Many properties are going into multiple offers right now, so if you are interested in participating, you need to time your transaction, typically a loan will take about 30 to 45 days to close.  Plan for delays in an escrow as it may happen to go over the 30 or 45 day escrow which is out of your control.  That means you need to get into escrow soon.  Get your calendar out and start planning! 

There is no better time to buy.  Why?  Prices have:

• Dropped nearly 50% over the last 3 years,
• Interest rates are incredibly LOW, and
• You are getting $8,000 which, when you think about it can be part of your down payment

Benefits:

• You are paying off "your" mortgage, not someone else's.
• You are building equity - (built in forced saving)
• Think of it as your retirement plan - in 30 years when you are a senior your loan is paid off!  You don't have monthly payments anymore!  Can you spell R-E-L-I-E-F. 
• Now you have what $________ (what ever you paid as mortgage), as your monthly petty cash!  Wu-who!

Don't miss out on this opportunity $8,000 is a lot of money!  Call me or your realtor if you need help finding your home & investment.  Stop paying someone else's mortgage.

Dee (310) 435-4545.