Just because the Home Buyer Tax Credit expired does not mean that there are not incentives for qualified buyers to buy a home. . It is a great time to buy! Here are some of the key reasons:

Low Interest Rates
Interest rates on 30-year, fixed-rate mortgages hit a low rate of 4.93% in May, as of early June rates were holding steady below 5%. These historical low rates will save home buyers thousands of dollars over the life of a loan, which is reason enough to seriously consider buying a home.

Other Tax Benefits
Although the U.S. Home Buyer Tax Credit was temporary, there are other tax benefits that buyers can continue to count on for the foreseeable future. Property taxes, mortgage interest payments and mortgage insurance premiums are qualified deductions that can help reduce many homeowner's tax liability. For the eco-conscious homeowners, purchasing energy-efficient appliances and making other eco-consious upgrades can mean a tax credit up to $1,500. For more information, visit www.irs.gov or a tax professional.

It is certainly worth comparing the benefits of buying vs. renting!

Looking to relocate to the Bullard, Tyler, Lake Palestine and Jacksonville,TX area well look no further than Guthrie Properties to assist you in your real estate needs. 

In addition, if you have any general questions about buying or selling real estate in East Texas, please contact me as I'm more than willing to help.

Please browse my website for listings, reports and important local real estate information.                                                                                             

Sincerely,                                                                         

Elizabeth Guthrie, GRI, e-PRO, SRES
Broker, Guthrie Properties
253 CR 3527, Bullard TX 75757
903.316.9700  Cell; 903.825.2987 Fax  
 

You can find great local Bullard, Texas real estate information on Localism.com Elizabeth Guthrie is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.