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How to Market to First Time Homebuyers - Without a FTHB Marketing List!
How to Market to First Time Homebuyers Thru Your High-End Clients.
Written By: Karen Deis
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Did you know that over 50% of all real estate sales over the last 12 months have been to first time homebuyers?
Did you ALSO know that over 60% of all first time buyers don’t know about the government tax credit—yeah, they’ve never even heard about it! And some don’t even know that there is a “partial” tax credit, even if their income exceeds the maximum amount.
But, what if your niche market is 2nd time homebuyers—or your database is filled with clients who do not qualify because their income is too high and who currently own a home?
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Factoid: Did you know that if the tax credit is received, and the home is sold within a 3-year time period, that the entire tax credit has to be repaid?
Here’s an idea to get the word out—and still get first time homebuyer referrals for both you and your real estate agents who specialize in Buyer Agency!
Ask their family members to do it for you!
Read what Fannie, Freddie & FHA have to say about “secured loans” and download the Mortgage Talking PointsTM called Help Your Family Members - What They Need to Know About the $8000 First Time Buyer Tax Credit that you can send or email.
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