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Tuesday, October 06, 2009

Extend Home Buyer Tax Credit of $8,000 for Frisco Home Buyers

The question I see as a mortgage person in Frisco Texas a lot this year is, "Do I think that the first time Home Buyer Tax Credit will be extended to 2010." My response is, "I sure should be", because it seems like it has given a lot of folks the extra steam they needed to get going in a job market and home market that isn't necessarily one that prods you toward buying a home right now.
In search of statistics to see who is doing their homework to show the government that this Tax Credit is the one stimulus that should be more permanent than any other, it seems like it's an overwhelming YES from the masses to extend it.
In a Weichart poll of around 1,000 Realtors, 71% revealed that the tax credit had the largest positive response in their business in 2009. Of that poll, 92% thought that the market would decline after November if the Tax Credit wasn't reinstated and 97% were in favor of reinstating it.
If you get the chance, vote to reinstate...it's good for the home market and what's good for the home market is good for you. Reason being, the Chief Economist of Stewart Title, the leader in the title industry in the United States, made note in a an economic forecast I attend earlier this year that every single recession that our nation has seen in it's history was turned around first by the housing market. If history defines the present as it normally does, we need to first stimulate our housing market before we expect to see any permanent positive changes in our nations overall economy, including consumer spending, decrease in unemployment, and increase in jobs, obviously.

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Testimonials & About Me

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Frisco, Texas, United States
In 2002, Brad Lynch began energetically consulting families in finding the right mortgage plan for their needs. In the beginning years, he was trained by a mentor who led by example, and this example was the epitome of integrity. Brad learned in the beginning by his mentor that many prospects may not consciously see what good intentions he has for them, do to the “wrap” many have caused w/in this industry, but always do what is right for the customer and in the end it will payoff. Integrity coupled with an energetic nature to nurture relationships, Brad has created clients for life. Through these clients for life, referrals have become the lifeblood of his business.