For those of you in the Pocatello Idaho real estate market who have questions about the “New” Home Buyer Tax Credit, here is a great link provided by the National Association of Realtors to answer some of your questions. If you have any additional questions feel free to call, text, or email me. As  always, your source for real estate information in Pocatello, Brad Bassett.

http://tinyurl.com/yk9rvza

Exciting news for everyone that has been waiting with baited breath for any announcements about the Home Buyer Tax Credit extension and or expansion click on the following link (http://tinyurl.com/yzp4pte ) to read what was passed overwhelmingly by the House and Senate and is expected to be signed by President Obama as early as Friday. This will be great news for many potential buyers looking for homes, and also home sellers who are in the process of selling their homes, and could greatly benefit the market here in Pocatello and Idaho in general. As always call, text, or email me with any questions you might have. Your source for real estate news in Pocatello, Brad Bassett.

According to RisMedia and The National Home Builders Association, it is very likely that the $8000 First Time Home Buyer Tax Credit program will be extended until April 30th of 2010. But, the good news for many individuals is that it will more than likely be extended to everyone that has lived in their primary residence for at least 5 of the last 8 years. These individuals will likely receive a reduced tax credit of $6500. This is great news for many individuals who are looking to buy in the Pocatello and Idaho area. Many individuals will now feel more comfortable in purchasing that new or next home. This would also be a great help to those individuals who are trying to sell those homes also. This will help to reduce the high inventory of homes on the market, and may even help to get some of those distressed properties off of the market. If you have any questions about the current First Time Home Buyer Tax Credit, or are curious of what I think of the possible extension, please don’t hesitate to call, email or text me. This is your source for timely real estate news in Pocatello Idaho, Brad Bassett.