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$8,000 Homebuyer Tax Credit Amended To Be Used As Downpayment
Marco Island, Florida

Once again, the ball has landed in the buyer’s court, with the implementation of the Florida Homebuyers opportunity Program.  A substantial win for all parties involved in pushing the program into reality. In Florida, the battered housing market can always use more positive news according to local real estate agents.

“This new stimulus couldn’t come at a better time for buyers” says Marco Island real estate agent Bronwyn Jones.  “With the home-prices at an 8-year low and the excellent mortgage rates available, properties are more affordable now than ever. Buyers feel that this is their opportunity into the American Dream and are already taking advantage of it.”

Currently there are programs which exist for first-time home buyers, such as those offered by the State Housing Initiative Program, which also includes down-payment assistance and low mortgage rates.  The availability of these programs is limited by county and the purchaser’s income.  However, if purchasing in some areas such as Collier County, a buyer may have an annual income rate of less than $84,960.00 and be purchasing up to $768,914.00 in order to receive mortgage, downpayment and closing cost assistance.

To those who fall out-side those income brackets, the eligibility for the most recent down payment assistance program; this will be a relief.  The $8,000 is now available until November 30, 2009 to buyers with a much higher income bracket.  This program is offered to citizens and permanent residents of the United States, who have not owned a home in the past three years.

Even though the finer details of the Florida Homebuyers Opportunity Program are still being worked out, if you plan to take advantage of the stimulus, it’s time to get out there and start house-hunting!

To find out more about the Florida Homebuyers Opportunity Program visit or call 1-888-627-2623

About Tegan DeClark
Ray White Toowoomba and Ray White Toowoomba Rural welcome you to a range of services which expertly assist our valued clients in the sale and management of property. Directors Andrew Carter and Lindsay Southwell engage their team to employ the most proven and effective methods of selling and property management. Now an international supergroup, Ray White began operations here on the Darling Downs in 1902. Our unwavering focus on service for over a century has developed a powerhouse in the real estate landscape. Within this network Ray White Toowoomba is a prominent agency conveniently located in the CBD precinct. Servicing the entire Toowoomba area and surrounding rural regions our capacity to deliver to you valuable local information and advice is second to none. We understand our dynamic city and feel passionate about the brilliant opportunities it has to offer. Our commitment to continual improvement, leading edge marketing and professional integrity drives the level of premium results for which we are renowned. United and energised we achieve excellence for clients whose personal recommendations remain central to our growth.

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