Lee Morof's Real Estate Blog

The new stimulus bill gives first-time home buyers a tax credit of $8,000! Whether the Troy Michigan real estate you purchase is new or a re-sale there are always things you can do to make improvements. Here are a few ideas on how you can use the tax break for your new home.

1. Put in all new modern appliances. $8,000 will buy a nice set of kitchen and laundry appliances, and enough groceries to fill up that new refrigerator for several months on top of it.
2. Furnish a room. Many times a new home means old furniture just won’t fit in or fill it up. $8,000 goes a long way to decorating a new room or two.
3. Add on a porch or deck.  The stimulus money can be used to add value to your Troy Michigan real estate by making additions like a patio, deck or porch. It will make your new home even more enjoyable too. Construction jobs not only help the economy, but they create jobs in the community—a double bonus that you are making happen!
4. Buy a car. Okay, maybe your new home is perfect as it is. That’s lovely. Use your stimulus tax incentive to put a big down payment on a new car. The huge down payment will keep your monthly payments low and affordable while helping out the other big industry failing in the current economy.

The key to the President’s stimulus plan is to spur the economy and give people money to spend—so go ahead and spend it. Buy those items you’d have trouble buying for your Troy Michigan real estate without the extra help.  And, feel good about it because you’re stimulating your local Michigan economy. 

Are you ready to purchase a new home?  Have questions about how the stimulus helps first-time buyers get Troy Michigan real estate? I’ll be happy to assist you in finding the right home for you at the best price.   Email me at info@NorthWoodwardHomes.com or call 248-514-2640 now for more information.

Lee Morof
RE/MAX Showcase Homes
Birmingham, Michigan
www.NorthWoodwardHomes.com
info@NorthWoodwardHomes.com
Call:  248-514-2640