For anyone who is contemplating buying a first home, I’m sure you have heard by now that the $8000 tax credit has been extended through June, 2010. The catch? You have to have a signed contract between you, the buyer, and the seller dated no later than April 30, 2010. Why? It could take up to 60 days to close. Setting up a closing date with a title company or lawyer could be difficult as everyone will be closing during the same time period. With interest rates and prices still low, now is a good time to start looking for that home.

If a single person purchases a home, the highest amount of earnings can be $125,000 and a married couple can earn up to $225,000.
Real Estate is the foundation of this country in my opinion. Once a lower priced home sells to a new owner, it allows the previous owners to buyer a more expensive or new house, etc.

Buying a new or previously owned home creates a ripple effect. New appliances are bought, flooring is changed out, the interior walls are repainted, window treatments are bought, furniture, lawn equipment, new landscaping, etc. Jobs are created.

Pensacola has a large inventory of homes and condominiums on Perdido Key and Pensacola Beach. For those thinking of looking for real estate in Pensacola the time is right.