Real Estate Tax Benefit

Posted By Lee and Paul on February 5, 2010

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          Paul says: Buy a house, now. This may be a paid ad but I am finding myself saying this all of the time. I’m a Realtor and, even though writing has pushed real estate sales into the land of stuff that I never want to do again, I still help out friends. Right now, my biggest piece of advice is to start finding a house and to do it before April. The 2010 Homebuyer Tax Credits give you an $8,000 credit if you are under contract by April 30th and close by June 30th. This is a government extension, so I do not expect to see this again.


          Purchasing your own home means different things to different people. For some, it is a simple investment strategy but for others it is synonymous with safety. Despite my business knowledge, I find that I fall in the latter group. I am will to take risks in every other aspect of my life but, when I comes to my house, I believe that to be directly linked to my safety and my families well being. Buying the house the right way, getting a property at a good price, and getting a Real Estate Tax Benefit just adds to the value.

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Lee and Paul

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