Tax Credit Extended!!

A Senate committee reached a compromise yesterday to extend the $8,000 tax credit for first-time home buyers, a boost the housing industry expects will help it pull out of its two-year-old downturn. Under the Senate panel compromise, buyers must have sales agreements in hand by April 30, 2010. But they will have until June 30 to go to settlement. This is a huge relief to many prospective home buyers. Especially with the massive amount of homes that are in preforeclosure, this gives extra incentive to people who fit into this category. The experience that Jeff Kaut and Associates have with short sales and bank owned homes, can get you; the new home buyer, the house you desire with the $8,000 tax credit. Nowadays with the economy reaching an all time low, this extra money is a huge help.
Call us today so we can get you the best deal, and make YOU money in the long run!

Hop on The House Wagon

We cannot stress this enough! Although the housing market has been extremely unpredictable within the last year, there is hope that we can regain control! The current market trend in El Dorado Hills has been a positive one. As of the month of October, there are a total of 330 active listings available, which is not even including the short sale demographic. Of that 330, 140 of the listings are priced under $500,000. This is a huge inspiration to many people who have been waiting for the right time to buy. 62% of the houses under that $500,00 mark are actually pending which shows an increase of buyer confidence as well as many new happy homeowners. Not to mention the average days on market (DOM) for sold properties are a mere 63 days! That is an incredible jump from last years market trends! Not only are buyers recieving great deals, sellers also have an advantage of being able to put up that listing sign and have prospects within a matter of months. Now is the time to contact Jeff Kaut and Associates to either list your house, or actively search for a home that suits your personal needs. Remember, we have Real Estate Experience You Can Count On!

Federal tax credit for 1st time homebuyer's soon to expire

Buyers should commit soon if they want to get that federal's $8,000 first-time homebuyer tax credit.
November 30 is the scheduled date that this tax credit is due to expire. Since the majority of escrows are taking 45 to 60 days to complete, the window of opportunity is narrowing down fast.
Although the real estate industry is trying to get the tax credit extended, we do not know if his will happen.
The California Association of Realtors issued survey results stating that 40 percent of first-time buyers would have sat it out this year if they hadn't been promised the $8,000 credit.
So if you are one of the many who are debating whether now is a good time to buy your first home, the answer is YES!
With our teams's combined knowledge, experience and perserverance, Jeff Kaut & Associates team can find the perfect home for you.
Contact us today, jeffkautreteam@yahoo.com or
916-505-7355
DRE #01086297