Friday, September 25, 2009

Home Sales Increase

Homes sales are up in August in the Cincinnati area and around the country. One reason is the $8,000 tax credit opportunity for first time home buyers.

The tax credit program is about to expire. Buyers who still want to take advantage don't have much time. Deadline to close is November 30, 2009. At this point, buyers should be under contract in the next couple weeks in order to close on time.

First time homebuyers in the Cincinnati area must be pre-approved for a mortgage and have a minimum of 3.5% down payment.

Call Sibcy Cline Realtor Michelle Sloan for expert advice about buying or selling a home. "There is no guarantee that the tax credit will be extended. There are still some great homes available in the Mason, West Chester, Loveland area."

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