First time home buyers and now ‘move up buyers’ have until April 1, 2010 to purchase a house and take advantage of the IRS tax credit.

Have you been wondering where all the  government stimulus money is going? Well since President Obama signed the bill extending the first time home buyers’ tax credit and expanding it to include move up buyers some of it could be going in your pocket!

The time is right to enjoy the benefits of home ownership. Mortgage interest rates on a 30 year fixed rate loan are still below 5% , the affordability of homes in Redding is excellent, there are 1423 residential properties on the market right now in the Shasta County MLS. To top things off if you are a first time buyer you may qualify for a tax credit of up to $8000 and $6500 for what the government terms as move up buyers.

You could be in a new home for Christmas this year–what are you waiting for?

Call or email me today–no obligation–get the facts and let me help you find your dream home!

Lauri Gibson

lgibson@repgmac.com

530-227-1223

The California Association of Realtors is offering a mortgage protection program for qualified first time home buyers. First time buyers who loose their job because of layoffs may be eligible to receive up to $1500 a month for 6 months to help make their mortgage payments. This might help first time buyers deal with the “what ifs” that cause them to have doubts about entering the housing market at this time. Read about the program at C.A.R.s web site by clicking here.

As always I am here to answer any questions you may have about the real estate market in Redding, Shasta County, or just in general.

Lauri Gibson