Tuesday, May 12, 2009

Gifts From the Market!

I want to talk to you about your children, your grandchildren, yourself, your friends, your co-workers, all of their friends and families and any other people you care about.

Currently there are “gifts” out there that I want to make sure everyone I know takes advantage of. The first gift is the current interest rate on homes. It has not been this low since 1956. We are seeing mortgage rates in the 4.75% range. So if your children, grandchildren or friends currently have adjustable rate mortgages or have a mortgage at more than 6.5% - please tell them to refinance their homes TODAY.

The next “gift” is the $8,000 tax free credit that is available to first time homeowners or people who haven’t owned a home in 3 years. If anyone in your family is currently renting – please tell them to buy now! This “gift” goes away December 1, 2009.

Another “gift” of the market is for anyone who buys a home that has not been previously lived in. This could be from a builder or maybe a foreclosure. The buyer’s get a $6,000 grant if they buy a home never lived in before. You can thank Gov. Huntsman for this gift. This “gift” became available on Apr. 1st however there is only enough for about 1600 families and almost half has already been used. So time is of the essence on this “gift.”

The last “gift” is found in closing costs. We have found that most builders and also many sellers are willing to pay the closing costs of their buyer. This can be 3%-6% of the purchase price. This is caused by our current Buyer’s Market.

One of our agents recently had a first time home buyer who purchased a new construction home with the seller paying closing costs and the total of the “gift” came to $22,000. Add to that the lower interest rates and that home prices are down – WOW, they got a great deal.

Please think about who you know and care about that I could help receive some of the “gifts” of our market. Just give me a call with their name and number and I’ll make certain they are provided world class service. And I promise to make you look good! This is a once in a lifetime opportunity! Don’t let them down!

Let them be the one who says, “I took advantage and bought this home at the bottom and got free money to buy it!”

Truly,

Brian E. Betts

Your Realtor For Life

Keller Williams Utah Realtors

435-513-0973

betts@kw.com

www.brianebetts.com

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