Builders are trying to cash in on the home buyer tax credit- building up spec homes in hopes to lure first time homebuyers and 'move up' buyers as well.
These buyers come from somewhere and if they're buying these new homes, they're not buying existing homes. It's an emotional move as brought out in the Wall Street Journal article, but is it the right one for people?
Remember how we got in this mess in the first place!
Buyers still have to be careful and not buy just because they can or because there's a deadline to beat.
I've included direct links to IRS forms that new buyers will have to fill out if they will be taking advantage of the tax credits (see Tax Credit category on the right)
Current home sellers can add to the attractiveness of their home by providing financing through lease to own programs or owner financing.
Here's a link to a Free Rent to Own Ebook.
We all have a responsibility in how we get out of this housing crisis.
Dennis
These buyers come from somewhere and if they're buying these new homes, they're not buying existing homes. It's an emotional move as brought out in the Wall Street Journal article, but is it the right one for people?
Remember how we got in this mess in the first place!
Buyers still have to be careful and not buy just because they can or because there's a deadline to beat.
I've included direct links to IRS forms that new buyers will have to fill out if they will be taking advantage of the tax credits (see Tax Credit category on the right)
Current home sellers can add to the attractiveness of their home by providing financing through lease to own programs or owner financing.
Here's a link to a Free Rent to Own Ebook.
We all have a responsibility in how we get out of this housing crisis.
Dennis
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