On April 30th of this year, first time home buyers tax credit's expired.
Many of the buyers went away all at the same time...WHY? Click on "Tax Credit's, forget it!"
I will show with this example why by buying now will save you $23,016 in seven years, better than the one time tax credit.
Let's say you are looking to buy a home at $450,000 with 20% down with an Interest at 5.5% for 30 years. That's when the the tax credit of $8,000 was in effect, It was like someone just flipped a switch.
Now with the current interest rates even lower...Buying now will give you some huge savings.
