If you are in the market for a condo, there are countless reasons to start looking now.  Here are the top three:

 

Reason #1 ~ The First Time Home Buyers Tax Credit is Expiring!

 

The First-Time Home Buyer Tax Credit of $8,000 expires December 1, 2009.  If you intend to take advantage of this great opportunity, you need to start shopping now.

The deadline for the tax credit is November 20, 2009 – which means your transaction must be complete by this date to qualify.  Since this process takes time, it is in your best interest to start looking for your new condo today.

 

 Here is an overview of the tax Credit:

 

$8,000 Home Buyer Tax Credit at a Glance

The information on this page pertains to the American Recovery and Reinvestment Act of 2009.

• The tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
• The tax credit does not have to be repaid.
• The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
• The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
• Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

For complete information visit http://www.federalhousingtaxcredit.com/2009/home.html

* Source: http://www.federalhousingtaxcredit.com/2009/home.html

 

 

Reason #2 ~ Exclusive Incentives

 

Each participating property in the Condo Tour is offering you something special for signing with them during the tour.  Some exclusive incentives include: $5,000-$10,000 buyer bonus, $5,000 in upgrade credits, 3.99% 30 year fixed interest rate, 10%-20% price reduction and many more!

 

Reason #3 ~ Big Prizes for Touring

 

When you tour any participating condo you can pick up an entry form with a code on it and enter to win at www.SeattleCondoTour.com.  Each condo has its own unique code, so you can enter to win up to 10 times!  Prizes include: weekend getaways, $500 to PCC, $400 to Delicious Planet, a night out for 4, and more.  Winning has never been so easy!