Sep. 18, 2009 - 1.4 million used home tax credit

Century 21 Moretti's Home Buyers' Public Open House

It was reported in today's USAToday that the U.S. tax authorities said 1.4 million taxpayers have already used the $8,000 tax credit for first time buyers. If you qualify as a prospective first time buyer you should know that only 73 days remain to qualify before the credit expires midnight on December 1, 2009. According to the report, the White House is considering an extension to the program. However, there are no guarantees and no one knows if the benefits will be reduced or increased to include all homebuyers or remove income limits. The time to act may be now.

Century 21 Moretti Realty will be conducting a First Time Buyer's Open House, Wednesday, September 23, 2009 at it's Somerset office location; 852 Easton Avenue between the hours of 11 AM and 6 PM. All are invited to stop by to learn more about the home buying process and the $8,000 tax credit for first time home buyers. Bank of America will be available to offer mortgage counceling and prequalify prospective buyers. Realtors will also be available to assist homeowners with a free Comparative Market Analysis (CMA) and answer questions concerning local market conditions. Unrepresented home sellers (FSBO) are welcome to attend to learn how paying a commission may put more money in your pocket. 

Various workshops will be available. Homeowners in need of financial assistance may wish to learn about the state sponsored Housing Assistance Recovery Program (HARP). Refreshments will be served.

For more information send email to: mjadams@century21.com or call directly at: 908.583.0409.