For those fortunate enough to have purchased a home in '09, the American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. If you find that you qualify, make sure to communicate this to your tax preparer or Accountant when filing your 2009 taxes. Also, I had no idea that in anticipation of receiving the credit you may use it in the homebuying process. For more info visit http://www.irs.gov/newsroom/article/0,,id=206291,00.html
Proficiency in using internet is a great advantage in hunting valuable properties but then when it comes to getting down the details, consultation with a skilled agent is needed. An agent must know the latest trends in the market and must be knowledgeable of the current economic indicators.
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