With Help From The First Time Home Buyer Tax Credit Buying Is Now Cheaper Than Renting

By Brad Colean • September 3rd, 2009

Depending on the price of the home, of course, first time home buyers in Port St. Lucie are now finding real estate deals that are more affordable than renting. With the market flooded with bank owned foreclosures in the sub $100,000 range and an $8,000 tax credit back from the government, some buyers are finding their monthly payments in the mid $500 range including taxes and insurance. It’s been a long time time since we’ve seen monthly payments like that.

Ted Mauss IV and familyOne caveat to the first time home buying dream is the competition from real estate investors. The investors are here and they are climbing over each other to snap these deals up. With this competition thrown into the mix, first time home buyers are realizing that to compete, they must do their research, have their loan ready, and jump when the right house comes along. Ted Mauss, IV  found out early in the year how to compete, “With the listings Brad sent me everyday, and nights of searching through the listings on his website, we found our dream home” he added, “If I had started my search that way in the first place, I would have been in my house three months earlier.” Ted, his wife Nicole, and toddler “Teddy 5″  just received their $8,000 check with $73 in interest added on for the two months it took to arrive. The interest added to the credit is the first I’ve heard of this and Ted said it was “a pleasant surprise.”

If you are a first time home buyer interested in buying a home in Port St. Lucie, Stuart, Jensen Beach, Palm City, Traditions, or anywhere on the Treasure Coast, give me a call at 800-876-3535 , or email me, and let’s get the started. I’ll set you up with an auto search for only the type of home you want, get you pre-qualified with a lender, and show you all of the homes you like until you find just the right one. Check out a similar story on FloridaRealtors.org

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Great post. I will read your posts frequently. Added you to the RSS reader.

 

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  • Testimonials

    Dear Marlene,
    Dear Dale and Brad

    When I traveled to Florida in September 2009, I knew that I wanted to buy a house. How such a buy takes place in the U.S., I could only guess at the basis of reports on the Internet.

    When I arrived in your office in Port St. Lucie, everything was already prepared well. You have created a selection of houses, which corresponded to my criteria regarding size, location, condition and price.

    During the visits of the various houses, Brad gave always important additional information for example about the neighborhood, the builder and the quality of the construction. The fact that your company has built houses for many years, was there a big advantage.

    I have finally found my dream home at a truly affordable price. The purchase and closing itself was, thanks to your personal network your have built up within the past 37 years in business, very smooth and easy.

    After the buy, you have advised and actively supported me in the selection of the home owner insurance and many other details, such as signing up for electricity, water and sewer etc.

    In retrospect, I can say that the purchase of my vacation home in Florida could be handled much easier than I had imagined. The purchase of a property in Europe is so much more complicated than it is possible in Florida.

    I am very happy with my house in Florida and your team has made a significant contribution on that, for which I again thank you very much! It was the right choice to work with Century21 Colean Realty Inc. .

    Kind regards

    Marco Sturm
    Switzerland

    Geschätzte Marlene,
    Geschätzter Dale und Brad

    Als ich im September 2009 nach Florida gereist bin, wusste ich, dass ich ein Ferienhaus kaufen will. Wie ein solcher Kauf in den USA abläuft, konnte ich anhand Berichten im Internet nur erahnen.

    Als ich in eurem Office in Port St. Lucie eingetroffen bin, war alles bereits vorbereitet. Ihr habt eine Selektion von Häusern erstellt, welche meinen Kriterien bezüglich Grösse, Lage, Zustand und Preis entsprachen.

    Während der Besichtigung der verschiedenen Häuser hat mir Brad immer wichtige Zusätzliche Informationen, wie zum Beispiel zur Nachbarschaft, dem Erbauer sowie zur Qualität der Bausubstanz gegeben. Die Tatsache, dass Euer Unternehmen lange selbst Häuser gebaut hat, war dabei ein grosser Vorteil.

    Schliesslich habe ich mein Traumhaus zu einem wirklich günstigen Preis gefunden. Der Kauf selbst konnte dank euren sehr guten Kontakten einfach, rasch und problemlos abgewickelt werden.

    Ihr habt mich auch nach dem Verkauf bei der Auswahl der Versicherung und vielen weiteren Details wie der Anmeldung für Strom, Wasser und Abwasser etc. beraten und tatkräftig unterstützt.

    Rückblickend kann ich sagen, dass der Kauf meines Ferienhauses in Florida viel einfacher abgewickelt werden konnte, als ich mir das vorgestellt habe. Der Kauf einer Immobilie in Europa ist so viel komplizierter, als dies in Florida möglich ist.

    Ich bin mit meinem Haus in Florida sehr glücklich. Dazu hat Euer Team einen entscheidenden Beitrag geleistet, wofür ich mich nochmals ganz herzlich bedanke! Mit Century21 Colean Realty Inc. habe ich die richtige Wahl getroffen.

    Herzliche Grüsse

    Marco Sturm
    Schweiz


    Marco Sturm, Switzerland

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