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Answers (15)
- Linda Strasberg, "L Strasberg"
- Contributions:2315
Not only will you get your rebate or tax credit...but I know of a place where the deals are super duper.
- Linda Strasberg, "L Strasberg"
- Contributions:2315
Why wouldn't you? New construction or Resale is considered a home purchase isn't it?
- wetdawgs
- Contributions:26833
Amanda: Why are you pulling up so many ancient posts in the past few days?
- Amanda Alejandro, "homesforsale86"
- Contributions:480
I specialize in new consturction in your area st. charles and st. louis counties I would be more than happy to assist you with any questions you may have.
I have realtionships with the largest two builders in the st.louis area I'd be happy to get you the best deal
I have realtionships with the largest two builders in the st.louis area I'd be happy to get you the best deal
- Amanda Alejandro, "homesforsale86"
- Contributions:480
yes you still will get teh 8,000 tax credit
no there isn't a difference in loan benifits.
new construction however does offer larger incentieves and better warranties.
email me anytime if you need assistance
no there isn't a difference in loan benifits.
new construction however does offer larger incentieves and better warranties.
email me anytime if you need assistance
- Gary T, "gtca"
- Contributions:36
Assuming you are buying in MO -- the state's TCAL program effectively lets you use a % of the Fed rebate $$$ towards downpayment and/or closing costs -- 6% of purchase price ($6,750 max).
income limit = $79,800
purchase price limit = $237k (289.7k in targeted/disaster areas)
available thru Certified Lenders only
income limit = $79,800
purchase price limit = $237k (289.7k in targeted/disaster areas)
available thru Certified Lenders only
- Tracy Larkins, "Cobalt Financial"
- Contributions:649
Yes you will recieve the $8,000 tax credit as long as you close on your new home purchase prior to November 30, 2009... (Exisiting or New Construction)
- Tracy Larkins, "Cobalt Financial"
- Contributions:649
Yes you will receive the $8,000 tax credit as long as you close on your new home purchase prior to November 30, 2009. (Existing or New Construction)
- Pat Bourgo, "Pat Bourgo"
- Contributions:1051
you should
- Carol Donatelli, "coltsneckhomes"
- Contributions:6
National Association of Realtors Power Point Presentation 2009 Tax Credit
http://carolann.betterhomesus.com
click on 2009 tax credit
Best Regards,
Carol Donatelli, CRS
http://www.crs.com/msite/6575289
http://carolann.betterhomesus.com
click on 2009 tax credit
Best Regards,
Carol Donatelli, CRS
http://www.crs.com/msite/6575289
- BMFPitt
- Contributions:1207
A few things on new construction:
- If you believe the 11/30 deadline for the $8000 bribe will stand, it might be too late for new construction. If you decide to go that way, demand a guarantee from you builder that you'll close on time or they'll make up the difference.
- You'll be in limbo for a few months as far as interest rates - you typically can't lock until 60 days before closing. That's is pretty scary right now.
- Plan to spend a few thousand in upgrades, even if you think you won't.
- You'll have to buy your own appliances, so account for that, too.
- If you believe the 11/30 deadline for the $8000 bribe will stand, it might be too late for new construction. If you decide to go that way, demand a guarantee from you builder that you'll close on time or they'll make up the difference.
- You'll be in limbo for a few months as far as interest rates - you typically can't lock until 60 days before closing. That's is pretty scary right now.
- Plan to spend a few thousand in upgrades, even if you think you won't.
- You'll have to buy your own appliances, so account for that, too.
- Mike Jackson, "jacksonm4"
- Contributions:370
I beleive builders are offering $10k and $8k rebates for new homes..
- Linda Strasberg, "L Strasberg"
- Contributions:2315
If you are referring to the first time home buyer tax credit (up to $8K) available to folks buying their first home whether it be a new home or a resale...the answer is yes.
- homemarket4you
- Contributions:165
- real estate mike
- Contributions:2001
Rebate is for either one. Some builders are offering below market rates to get people to buy their houses. Make sure it's a fixed rate(or I would) and what the true a.p.r. is, since that's the bottom line.
If I buy a new construction home vs a exisiting home, will I still get a rebate?
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