Evergreen Realtors are joining forces to give prospective buyers a weekend of concentrated house-hunting just before the expanded $8,000 homebuyer tax-credit benefit expires on April 30.
During Nationwide Open House Weekend, April 10 and 11, sellers across the country will open homes to prospective buyers in hopes of giving sales a big boost while interest rates are still low and the tax credit is still in effect.
Participating open houses can be identified by blue Realtor balloons and signs.
Participating offices are Assist2Sell, Bergen Peak Realty, Intero Real Estate Services, Re/Max Alliance Evergreen, Coldwell Banker Residential Brokerage, Dynamic Properties and Keller Williams Foothills Realty, according to Susan Koren of the Mountain Metro Association of Realtors.
To find out what houses are open to the public during Open House Weekend, house hunters are invited to visit Realtor offices ask for a list.
Under the new, expanded law passed November (the Worker, Homeownership and Business Assistance Act of 2009), a taxpayer must buy or enter into a binding contract to buy a principal residence on or before April 30 and close on the home by June 30, 2010. Taxpayers can claim an $8,000 credit on either the 2009 or 2010 return.
Under the expanded law, a $6,500 tax credit is available to buyers who are longtime homeowners purchasing a new principal residence.
Contact Vicky Gits at 303-350-1042 or firstname.lastname@example.org.