While it’s the holiday season and the government has even provided some nice “gifts” to potential homebuyers in the form of tax credits, Scrooge is still out there!
Even with all the new regulations and work done to prevent homebuyer fraud, cases are still cropping up! Buyers and sellers should be very concerned of any advice that sounds suspicious or overly complicated. For example, buyers who are told to conceal any information from their lender should run, not walk, from the professional who offered that advice! An honest, professional Realtor would not convince you to buy a home you cannot afford by asking you to conceal or “stretch the truth”. Remember, you’ll be the one “stuck” with the deal!
To combat this situation, the IRS is now requiring homebuyers seeking the tax credit to attach a copy of the settlement statement from their home purchase to their federal tax return as proof of purchase, so keep that paperwork handy!
Work with professionals interested in helping you achieve your long term housing goals. We’ve built our business on referrals not flashy ads! We live in the community we service! With the tax incentives, low interest rates and outstanding home prices, isn’t it time for a move?
Let the experience of the Carpenter Group help you take that next step with confidence. We’ve been in the business for years and have many repeat customers who know we represent their best interests!
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