If you are having questions about whether or note you could benifit from the latest Federal tax credit, here is a video tht should answer most of those questions.
Many homeowners are wondering if now is a "good" time to sell there home and relocate for whatever reason. There hesitation comes from the fact that there home value is down, and that it is currently a buyer's market, but there are a few factors they are forgetting. If you are selling and buying in the same market, the price of your home will increase in value at the same time and rate the home you are thinking of purchasing will. And once your home is sold, YOU will be the buyer in the buyer's market.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
The bottom Line is there is never a bad "time" to sell and buy a home in the same market area, just bad "reasons".
I have been talking with people to find out why the market refuses to pick up, despite the fact that home prices are down considerable. And the answer I get over and over again is that "I'm waiting for the bottom of the market". What I try to explain to these people, is that you can not tell that you have hit the bottom of the market, until it has passed. So if you are one of the many people "waiting for the bottom of the market" get off the bench and get in the game before it passes you by.
The bottom line. If you are currently in a position to purchase, NOW IS the time to do so.