The federal tax credit of $8,000 for first time home buyers and $6,500 for buyer who have owned a home previously will end April 30th.  It sounds like a sales person I know, but my advice is to act now, not later.  There are many reasons:

1) There will be many Austin home buyers trying to complete contracts near April 30, and there could be competition for some homes.  If more than one buyer makes an offer on the same home, only one buyer will get that home.  If time is too short, there may be no second chances.

2) When a buyer purchases a home, they have the chance to have it inspected, and then request repairs if needed.  The seller does not have to make those repairs.. it is actually negotiable.  If a seller knows that their buyer does not have time to purchase another home in time for the tax credit, how negotiable do you think they will be in making repairs?

3) Even more difficult will be getting sellers to negotiate repairs if the contract date was close to April 30th, and the actual inspection took place on May 3.  Now the buyer has NO chance to get that $8,000 tax credit!

Planning on buying a home in Austin area?  Start taking action now! Don't put yourself in the position of having to buy a home that is less than desirable to you, or having to pay top dollar because time is short, or having to forego repairs because you waited too long. Act now, and put yourself in the best position possible!

There is an advantage to home owners as well.  Having a home on the market now will be a huge advantage over waiting until later in March or April. As a matter of fact, we  feel so strongly about this that we will GUARANTEE to sell any home by April 30th.  Feel free to call or email for details.

Austin, Texas homes present some terrific values... and rest assured that home buyers are aware of the better values.  As April 30th gets closer, buyers will be looking to buy homes and the better homes on the market will see the first offers.

Remember, in 2009 October and November showed the largest increases in Austin home sales of the entire year, and those were the two months before the November 30th tax credit deadline!  That shows how important that tax credit is to home buyers!

Don't depend on the tax credit being extended... it seems unlkely at this time.  There is always that chance, but if you were planning to buy anyway, why take the risk.

That tax credit is $8,000 CASH in Your Pocket!