News You Can Use to Buy a New Home

In this issue of Florida Homebuyer Jacksonville you’ll notice an addition to our highly regarded new-community listings. To supplement our general listings, we’re adding listings of move-in-ready homes.

One of the reasons for the change is the urgency created by the federal government’s $6,500 tax credit for many current homeowners and $8,000 tax credit for first-time buyers. In order to qualify, you need a binding contract signed by April 30, which is when the tax credits are set to expire.

Everything you need to know about these programs appear in this issue in our “Tax Credit 101” special section.

Plus, if you’re tempted to go for a foreclosed home or a short sale, you owe it to yourself to check out the story in this issue, “Buyer Beware,” that outlines the numerous pitfalls you’re likely to encounter. In short, that bargain-basement, bank-owned home on the corner may not be nearly the bargain it seems.