The cost of waiting to buy a home could be quite expensive for buyers who are considering a purchase in this real estate market. As an example, consider the following hypothetical purchase on a $350,000 home with a 5% down payment.
First Time Home Buyers could lose an $8,000 credit if they wait until after April 30, 2010.
Move-Up / Trade-In Buyers could lose a $6,500 credit if they wait until after April 30, 2010.
FHA Seller Contributions (6% to 3%) could lose $10,500 credit if waiting until after Spring 2010.
FHA Upfront MIP (1.75 to 2.25) could lose $1,750 credit if waiting until after Spring 2010.
So, the bottom line in this example could mean that a First Time Home Buyer could lose $20,250 and a Move-Up Buyer could lose $18,750! That's a lot of dough to leave on the table! Don't wait!
www.LakeSidneyLanierHomes.com
Lake Lanier real estate blog published by Arthur Prescott highlighting Lake Lanier homes, lots and waterfront properties. Information on Lake Lanier activities, dining, vendors, and events. Call Us At 770-309-7531 or 770-844-8484 Email Arthur.Prescott@BHHSGA.com "Arthurize The Best!"
Showing posts with label Promotions. Show all posts
Showing posts with label Promotions. Show all posts
Wednesday, February 03, 2010
New Homes Promotion From D.R. Horton!
If you're shopping for a new home near Lake Lanier, now is an excellent time to buy! Many of the Lake Lanier area home builders are offering tremendous incentives to purchase. Take our vendor alliance partner, D.R. Horton. Right now, you may be able to take advantage of the first time home buyer $8,000 tax credit and have NO PAYMENTS UNTIL JULY 2010! Now that's an incentive! Check out the promotional flyer! Many of D.R. Horton's communities are in Forsyth and Hall counties, just minutes from Lake Lanier. And as always, be sure to contact us to represent you as our client in your home search. We'll guide you every step of the way!
www.LakeSidneyLanierHomes.com
www.LakeSidneyLanierHomes.com
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