Saturday, March 5, 2011

Veterans Helping Veterans - First Time Homebuyers Tax Credit - VA Loans

I had this article published in one of our local papers today...

Exciting News For Veterans

Windermere Investors Marketplace in Medford and Jacksonville has teamed up with David and Micah DuBeau of Sterling Savings Bank to let the veterans know that many of them may still be eligible for the $8,000 or $6,500 First Time Home Buyer tax credit.

These credits have been extended to members of the military and certain other federal employees serving outside of the U.S. on qualified extended duty service for at least 90 days during the period beginning after December 31, 2008 and ending before May 1, 2010. However, to take advantage of these credits, an eligible taxpayer must purchase, or enter into a binding contract to purchase, a principal residence on or before April 30, 2011.  The eligible taxpayer then has until June 30, 2011 to close on the purchase.

This is an enormous benefit to our veterans! We do not feel there has been enough media coverage which is why we are trying to get the word out as the window of opportunity is about to close.

There are many financing options available to eligible veterans including 100% loans.  They are easy to apply for and the process has been streamlined.  Often eligibility can be determined within 48 hours, it's easy.  No DD-214 is required.  David and Micah are veterans, having recently served in Iraq themselves and they take pride in serving their fellow veterans.

When you combine a 100% VA loan, a Realtor that negotiates the seller paying their closing costs, a low priced foreclosure home, and an $8,000 tax credit - things get exciting.  Interest rates are at a historical low... it's a great time to buy.  We want all the veterans to experience The American Dream, homeownership.   We would like every eligible veteran to have the chance to take advantage of this great opportunity.  Veterans should check with their tax advisor regarding eligibility.


Cheryl Malone  541-951-1960
Windermere Investors Marketplace

David DuBeau  541-608-1800
Micah DuBeau  541-608-2161
Sterling Savings Bank

1 comment:

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