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Tax Credit Incentives Drive Hope Home Sales, Foreclosures DwindleCategory: Real Estate | Permalink Published: Friday, October 23, 2009 Now more than ever we are finding that both first time home buyers and investors alike are snatching up great deals left and right on foreclosure homes; taking advantage of very low mortgage rates. What's even better is that buyers now have the opportunity to take advantage of a tax credit worth of 10 percent of the homes sales price, up to $8,000, but only if the sale is completed by November. According to a Google news article, for last minute buyers, this tax credit is so important that some buyers are now adding a clause to their contracts, which allow them to opt out of the sale should it not be completed by the end of November. Because of great deals on the market and this tax credit, foreclosure sales are booming in cities like Las Vegas, Los Angeles and San Diego. Because of this surge in sales, San Diego's surplus of foreclosures is beginning to dwindle. So if you are currently in search of a San Diego foreclosure, entrust the services of Casa Latino San Diego. By visit their site you will find a 100% FREE property search guide that can provide you with pictures, property descriptions and directions to many San Diego foreclosures, San Diego bank homes and San Diego short sales. You can also find a complete community profile of each city you search, request a showing of the home or homes in which you are interested in and even get assistance on financing. Find a complete listing of: Click on Google for access to the complete article.
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