The $500 Home Buyer Bonus program has ended. Congratulations to those that took advantage of this great offer.
We don't usually talk about Quicken Loans mortgages or products here, but I figured the $500 Home Buyer Bonus was worth a mention.
Here's the skinny – buy a home and we'll give you a check for $500. Strings attached? You just have to have a purchase agreement and loan application signed by July 14, 2009 and close on your home by Dec 31, 2009. That's it.
If you want a $500 check and you want to take advantage of one of the best buyer’s markets in history, now is the time to get started buying your home.
And, if you’re a first-time home buyer, you can qualify for the First-Time Home Buyer Credit. Get a tax credit of up to $8,000 if you purchase a home before Dec. 1, 2009.
Keep in mind, both of these offers come at a time when housing prices are very low and mortgage rates are very low. You could say this is a perfect storm for great home buying. It truly is.
So, if you are thinking about buying a home, especially if you are first-time home buyer, now is the time. What are you waiting for?