A stimulus update! And some foreclosure numbers for O'Fallon IL.
First the stimulus:
The $15,000 tax credit for homebuyers now looks to be $8,000 (still nothing to sneeze at in my opinion) and may not have to paid back...read on!
If the home is purchased between Jan. 1 2009 - Nov. 2009 and you are a first time home-buyer, you will be eligible for a $8,000 tax credit. If you hold on to the property for at least 36 months it does not have to be paid back. So all in all a pretty good deal. This should be finalized next week at which point we will get the final details out to you. Rates are still very good and prices are still low so now is the time!
Foreclosures: currently there are 16 foreclosures in the 62269 zip code. Click Here for the details. Keep in mind this list does not include pre-foreclosures and short sales.
Happy Valentines day from www.OFallonRealEstate.com
