I am the Broker-of-Record at Century 21 At The Shore Realty and we are very excited about the next five months. Earlier this month the United States Senate and then President Obama extended the Tax Credit and now it not only benefits the first time home buyer but also current homeowners. You will have to have a legally binding Sales Purchase Contract before April 30, 2010 and close title on the purchase no later than July 30, 2010. This extension and added provision of the tax credit combined with the lowest mortgage interest rates in 40 years makes this the best time ever to purchase a home. The tax credit considers a first time home buyer as a tax payer who has not claimed a home in the past three consecutive years on their Federal and State Tax Returns. The best news about the new provisions added to the tax credit is for existing homeowners and the caveat is you must have claimed the hone for five consecutive years out of the past eight years and it isn’t necessary to “move up” meaning that you won’t have to purchase a more expensive home. This is really terrific news as it has opened doors for many sectors of potential buyers like someone looking to retire or downsize and there is a need for this type of purchase as the baby-boomer population retires and or the empty-nesters enter the buying market.

We do think that Ocean County in New Jersey is an obvious choice for not only the first-time-homebuyer but the baby-boomer and the empty-nester as well. Our housing is very diversified as well as comfortable and affordable price ranges.

Visit our website at http://Century21AtTheShore.com and view ALL properties available in Ocean & Monmouth Counties in New Jersey. Also we do have several articles posted on the site that explain in more detail the information on the provisions of the tax credit.