New $8,000* Tax Credit For 2009, Congress has enacted an $8000 credit specifically to help first-time homebuyers. To qualify, you can earn no more than $75,000 as an individual or $150,000 as a married couple that files a joint tax return. If you do qualify, you will be able to deduct the full $8,000 from your federal tax liability. Or, if you owe less than $8,000, the government will subtract the amount you owe from $8,000 and send you a check for the difference. Only first-time homebuyers who purchase their principal residence on or after January 1, 2009 and before December 1, 2009 are eligible. You will also be considered a first-time buyer if you have not had any ownership interest in such a home in the three years previous to the day of your 2009 purchase.` For detailed information about the tax credit, click on, Frequently Asked Questions. For more information about the $8,000 tax credit, please fill out the short form below. You will be put in touch with a local Weichert Sales Associate who can also tell you about our informative homebuyer seminars and help you get started on your way to homeownership.

Our First-Time Home Buyers Program is the Key.

As any Weichert First-Time Home Buyer Specialist will tell you, it can be as simple as this: If you can afford between $1,500 and $2,000 a month, you can afford a $250,000 to $350,000 home. Weichert can supply a conventional, 30-year fixed rate mortgage or one of many other options to make it happen.

Introducing the Weichert First-Time Home Buyers Program: Every Weichert home comes with a new mortgage so you can buy it. As long as you're a qualified buyer, our affiliate, Weichert Financial Services has secure mortgage money readily available at near historic low rates. We will supply a mortgage specialist from Weichert Financial to help you. According to a recent independent study** assessing the credit standards of the nation's lenders, Weichert Financial Services ranks among the most reliable. $5000 Performance Guarantee.*** We back up our promise to deliver mortgage money for the on-time closing of your new home purchase. If you use our mortgage financing, homeowner's insurance, and title insurance services, we will meet your closing date or you will receive a $5,000 credit towards your mortgage-related costs at the time of settlement. Our interest rates on all kinds of mortgages are near their historic lows - including fixed rate, adjustable, FHA and VA. We can show you many homes currently available for sale that are in price ranges most appealing to first-time buyers. You are welcome to attend a Weichert Home Buyer Seminar at your local Weichert office where they will be happy to address all your questions.

Not sure whether to buy or keep renting? Here are 5 reasons to let Weichert help you take the next step: Build equity. Over time, homes have always gained in value, so you can expect to get your investment back and typically much more when you sell Tax deductions. Save on taxes based on the interest and real estate taxes you pay instead of letting a landlord get the benefit. Lower payments? It depends on your rent, of course, but if you can afford just 5% down, your monthly payments may actually be less than your rent. Stability. While most landlords raise rents every year, you can choose a fixed-rate mortgage where the payments stay the same. Receive credit. Money you put down and pay into a mortgage to build equity can be made available to you in the form of a loan or a line of credit. For more helpful information specifically for first-time buyers, just fill out the form below and request your personal Weichert Buyer Consultation with a Weichert Sales Associate and the financial specialist on his or her team.

Be picky, but don´t be unrealistic. There is no perfect home.   Do your homework before you start looking. Decide specifically what features you want in a home and which are most important to you. Get your finances in order. Review your credit report and be sure you have enough money to cover your downpayment and your closing costs. Don´t wait to get a loan. Talk to a lender and get pre-qualified for a mortgage before you start looking.  Click HERE to get pre-qualified.   Don´t ask too many people for opinions. It will drive you crazy. Select one or two people to turn to if you feel you need a second opinion.  Decide when you could move. When is your lease up? Are you allowed to sublet? How tight is the rental market in your area Think long-term. Are you looking for a starter house with the idea of moving up in a few years or do you hope to stay in this home longer? This decision may dictate what type of home you´ll buy as well as the type of mortgage terms that suit you best. Copyright 2005. All rights reserved. www.REALTOR.org/realtormag