MISS LEADING INFORMATION ON THE $8,000 TAX CREDIT

By
Real Estate Agent with Johnson Real Estate, Inc.

I'm driving along this morning and almost got into an accident when I heard a commerical on the radio.  I was listening so carefully that I wasn't paying as much attention to the road as I should have.

The radio commerical was promoting a condo complex here in Connecticut, I believe around the Westbrook area.   Explaining the benefits about the $8,000 tax credit.  They mentioned that it was for first time home buyers, that it is tax free, that it expires at the end of November... but overlooked that you must be moved into your new home at this time, not just have a contract in on the property. 

Now the next tidbit of information is what almost cause the accident.  YOU CAN USE THE TAX CREDIT AS A DOWN PAYMENT.  What???  Who is funding this?  When did this happen?  I couldn't believe my ears.  I was so taken aback by the news, I didn't catch the phone number to call.. or the company behind this.

Has anyone else in Connecticut heard this radio ad?  Or heard any other promotions like this one?

 

 

FOR ACCURATE INFORMATION ON REAL ESTATE.. CONTACT YOUR LOCAL AGENT

 valerie osterhoudt

Info about the author:

Valerie Osterhoudt is a Cromwell Connecticut Residential Realtor who can assist you with the purchase and/or sale of real estate in the Middlesex County of CT, which includes Cromwell, Rocky Hill, Berlin, Middletown, Wethersfield, Newington, as well as all other surrounding areas. Please visit me at www.CTrealtorMLS.com for all your relocation and/or local needs.

For real estate... all you need to know, is   VALERIEO

If you're thinking about buying a home in Cromwell CT there are plenty of great buys in today's market.  There is no better time than now to take advantage of these homes while interest rates remain at an all time low. For more information on Cromwell CT real estate's homes and/or condos please visit Johnson Real Estate to access the newest listings.

Valerie Osterhoudt, ABR - Johnson Real Estate, Inc. - 860.883.8889  cell- valerierealtor@sbcglobal.net.

Copyright © 2009 By Valerie Osterhoudt, ABR, All Rights Reserved...*MISS LEADING INFORMATION ON THE $8,000 TAX CREDIT*

 

 

Posted by

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Valerie Osterhoudt, ABR
(Accredited Buyers Representative)

Is a Full Time Realtor® with with Johnson Real Estate, in Cromwell, CT who specializes in Homes and Condos For Sale in the Middlesex and Hartford Counties in CT.

VALERIE OSTERHOUDT REALTOR IN CROMWELL CT

valerie osterhoudt

Valerie Osterhoudt, ABR ~Johnson Real Estate, Inc.
cell:  860.883.8889

email: Valerie Osterhoudt, ABR

website: www.CTrealtorMLS.com

 

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Topic:
Home Buying
Groups:
1st Time Buyers
Dedicated Bloggers
Diary of a Realtor
EXPRESS WITH WORDS AT ACTIVERAIN
Real Estate Law
Tags:
first time home buyers
8000 tax credit
cromwell ct real estate
cromwell ct
valerie osterhoudt

Comments 12 New Comment

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Rainmaker
591,146
Valerie Osterhoudt
ABR, Cromwell, CT Real Estate ~ 860.883.8889
Johnson Real Estate, Inc.

George.. So not only was this commercial misleading, but if a buyer (unknowingly) pursues this, they won't find a reliable mortgage company to help them.  This will only further substantiate consumers feelings that realtors and mortgage consultants are the lowest of jobs on the scale.

valerie osterhoudt

October 13, 2009 09:30 PM
Ambassador
1,384,593
Jennifer Fivelsdal | Call 845-758-6842 Helping you achieve your real estate goals
In Dutchess Columbia and Ulster Counties
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571

Valerie - I can imagine how concerned you were for the consumers in your area who might fall for such an AD.  Hopefully they will call you to get the real scoop.

October 13, 2009 10:20 PM
Rainmaker
591,146
Valerie Osterhoudt
ABR, Cromwell, CT Real Estate ~ 860.883.8889
Johnson Real Estate, Inc.

Jennifer.. I hope someone else also heard this ad, and called the real estate company that put this on the air.. .to have it removed.

valerie osterhoudt

October 14, 2009 06:11 AM
Rainmaker
276,138
Philip Turner
Mortgage Banker Since 1980
MCCUE MORTGAGE COMPANY

i did not hear the radio advertisement but have heard from every buyer and Realtor who I have spoken to that the credit will be extended, won't be extended, will be increased, will be decreased, will open up to everyone, will have to be paid back, etc., etc., etc.

Of course no one knows for sure - yet.  We'll have to wait and see and also contact our legislators in Washington to express our opinion about it.

October 18, 2009 05:38 AM
Rainmaker
591,146
Valerie Osterhoudt
ABR, Cromwell, CT Real Estate ~ 860.883.8889
Johnson Real Estate, Inc.

Philip.. I wish you did hear the announcement on the radio.. it would have made your hair stick up on the back of your neck.

valerie osterhoudt

October 18, 2009 05:35 PM
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Rainmaker
591,146

Valerie Osterhoudt

ABR, Cromwell, CT Real Estate ~ 860.883.8889
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