Hixson Realtors To Host Free Homebuyer Tax Credit Seminar

CHATTANOOGA, TN., – Many first-time homebuyers have already taken advantage of the $8,000 tax credit that began stimulating the struggling housing market in 2009. For those first-time buyers who waited and for current homeowners looking to buy in this challenging market there is new hope in 2010 with the extension and expansion of the tax credit.


“As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress passed new legislation that will extend the $8,000 first-time homebuyer tax credit until April 30, 2010,” said Crye-Leike Hixson Managing Broker Kathy Tucker. “The new legislation also expands the credit granting up to $6,500 to current home owners purchasing a new or existing home between November 7th, 2009 and April 30th, 2010.”


In order to help potential buyers learn how they can take advantage of the tax credits, Crye-Leike Realtors in Hixson, Tennessee are hosting a free seminar to educate buyers on how the tax credits will work for them.


The seminar will explain both the $8,000 first-time homebuyer tax credit and the new $6,500 tax credit for current homeowners purchasing a new or existing home. Topics to be discussed include: who qualifies for the tax credits, how each credit works and all the rules that apply, the deadline for the tax credits, how to apply for the credits and also how to get pre-approved for a home loan.


“We would like to extend an invitation to anyone who is even considering buying a home right now,” said Tucker. “With the tax credits available, with interest rates still at a historical low and with a good selection of homes on the market to choose from, now is a great time for anyone to purchase a home.”


Despite the troubled economy, Tucker truly believes that now is the perfect time for first-time homebuyers to make their move.

“There are a lot of opportunities available to buyers right now and we are hosting this seminar to help buyers learn about their best options. We encourage buyers to come ask questions and find out why now is a great time to buy a home,” said Tucker. “The average amount of days a home in Chattanooga is on the market has dropped and home sales have really increased over this time last year. We are very lucky to have the stable market that we do.”


More About Crye-Leike’s Hixson Homebuyer Tax Credit Seminar


Crye-Leike, Realtors in Hixson will host a Free Homebuyer Tax Credit Seminar answering buyers questions on the homebuyer tax credits available now on Thursday, January 21st from 5:30 to 7pm.


The Realtors invite the public to come and get all the answers from the experts. A local CPA specialist will be the guest speaker and representatives and loan specialists from Magna Bank and Realty Title will be at the seminar answering buyers’ questions on home financing and more.


Free pizza, desserts and drinks will be served during the seminar which will be held at Crye-Leike, REALTORS Hixson Sales Center located at 5870 Highway 153.


For more information on the Homebuyer’s Tax Credit Seminar, please contact Crye-Leike, REALTORS Hixson sales office at (423) 870-5202.


About Crye-Leike, REALTORS

Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977.  Today, Crye-Leike?, the nations 6th largest real estate company, has a network of more than 3,000 licensed sales associates based out of more than 120 corporate and franchise offices located through-out the nine-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, North Carolina and Oklahoma.


Crye-Leike is a full-service real estate company offering buyers and sellers services in: residential sales, mortgage, title, insurance, business brokerage and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services.  In 2008, Crye-Leike attained a sales volume in excess of $4.2 billion with 25,871 homes sold.