The Government has acted. Now it’s up to us!

The federal government has done its part in helping to reinvigorate the housing market through its homebuyer tax credits. Now that the period to qualify for the tax credits has ended, what happens next?  

Coldwell Banker’s Buyer Bonus Event will move the market in the right direction.

·         Our Buyer Bonus Event runs May 1 through July 31. During this three month period, sellers participating in the promotion are giving 3% of the accepted offer price – up to $8,000 – credit at closing back to homebuyers who sign an offer before the July 31st deadline.

·         The Buyer Bonus Event will allow participating Coldwell Banker home sellers to “essentially” extend the tax credit for participating homebuyers.    

·         The Coldwell Banker Buyer Bonus Event has fewer restrictions than the tax credits did.

·         The goal of the Buyer Bonus Event is to help sellers improve the chances that their home will sell more quickly during a potentially challenging time for the marketplace – and to help incentivize buyers that missed the tax credit deadline by allowing them to still reap the financial benefits the tax credit would have provided.

·         As a real estate leader that has helped Americans buy and sell homes for over a century, Coldwell Banker is committed to helping the housing market keep moving in the right direction.

Learn more about the ins and outs of our Buyer Bonus Event with this FAQ. When you’re ready to start your search, contact an agent who will help direct you to participating Buyer Bonus properties in your neighborhood and price range of interest.