First Time Steamboat Home Owners: Time is running out to get the $8000 tax credit for buying a home, condo, or townhome. You must be under contract by April 30 and close by June 30th. $8000 can buy all new appliances, new carpet, or new furniture for your new Steamboat home, but you have to act fast or you’ll lose the tax credit.
Kathy Arce, the Bank of America Mortgage Loan Officer here in Steamboat, has provided the following chart so you can see how much money is going to pay for someone else’s real estate. Call Kathy to see how much you qualify for, then call me to start looking. Her number is (970) 871-1395
Help your clients move from renting to owning.
Your clients may be able to own a home for not much more than they’re paying in rent. Check the chart below to see how quickly rent payments can add up. Maybe it’s time for your clients to invest that money in something that lasts — a home of their own.1
For many of your clients, the after-tax cost of a home loan could be less than the cost of rent. That’s because the interest portion of each mortgage payment may be tax-deductible. In most cases, property taxes are also deductible. Your clients should consult a tax advisor for details.
If your clients are thinking about buying a home, Bank of America can help. We have a range of financial options and affordable loan programs that can help qualified renters become homeowners.