Forrest Baker
Your Regional Expert! Keeping you up to date with market changes.
Providing you with Diligent, Honesty and Hard working Service
DRE License# 01420125
Contact Info - Tel: (951)304-2122 / / Dir: (951)541-3784 / email me
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First-Time Buyers
NAR estimates that about 1.8 to 2 million first-time buyers will take advantage of the $8,000 tax credit this year, with approximately 350,000 additional sales that would not have taken place without the credit. Buyers have little time to act because they must complete the transaction by Nov. 30 to qualify for the credit. Unless extended, contracts signed but not completed by that date will not be eligible – it is taking approximately two months to complete home sales in the current market.
NAR estimates that about 1.8 to 2 million first-time buyers will take advantage of the $8,000 tax credit this year, with approximately 350,000 additional sales that would not have taken place without the credit. Buyers have little time to act because they must complete the transaction by Nov. 30 to qualify for the credit. Unless extended, contracts signed but not completed by that date will not be eligible – it is taking approximately two months to complete home sales in the current market.
- Century 21 Preferred
- 25050 Madison Ave.
- Murrieta, CA 92562
- Tel: (951)304-2122
- Dir: (951)541-3784
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