November 30th (the expiration of the first time homebuyer tax credit) is just around the corner.  Make sure your buyers are making an offer leaving sufficient time to close.  Oh yeah, and these fabulous rates…they won’t be around forever!

The kiddos and Mickey.

Ok, yes, I’m still alive and well.  K and I took at trip to California with the kiddos at the beginning of May.  We had a great time spending a few days at Disneyland and a few days with my extended Venti family.  The preparation to leave work for a week and a half didn’t even compare to the amount of preparation it took to take a 2,500 mile road trip with 15 month old twins!  The time away was much needed and we couldn’t have asked for a better time together as a family.

I’m just now beginning to feel like I’m caught up from being out of the office.  I have some exciting new posts that will be coming in the next week!  Mortgage rates are still below 5% and we’re helping many people save money on refinances and are beginning to see a lot of first time home buyers take advantage of the 2009 FTHB tax credit!

If you’re here in the Willamette Valley, enjoy the sunshine on this beautiful Memorial Day Weekend!

The “American Recovery and Reinvestment Act” updated the first-time homebuyer tax credit.  After rumors processed through the mill about a potential increase to $15,000, the Act came clear with the facts of the increased tax credit.  The tax credit for 2008 was $7,500 and will have to be paid back to the federal government beginning in 2010 or 2011 depending on when the credit was claimed.  The updated tax credit was increased to $8,000 and will not have to be repaid if the home is owned for three years.

This is an exciting opportunity for first-time homebuyers in 2009 and a frustration for those that purchased in 2008.  I hope to see some of my clients take advantage of this “gift” from our government.

For details contact me today and click on the PDF from realtor.org updated-first-time-homebuyer-tax-credit