Military Personnel Have Special Benefits

According to the National Association of Realtors, there are additional benefits for military personnel in the latest extension of the home buyer tax credit.

• Armed service, intelligence service, and foreign service personnel on active duty and out of the U.S. for 90 days during any part of 2009 get an additional year to buy their homes -- to May 1, 2011.
• Members of the military also do not have to repay the tax credit even if they have to sell their homes before the three year time limit if they move because of official duty.

Members of the military may use their VA benefits to buy a home with no down payment. With the changes in the mortgage industry, a zero down payment loan is virtually a thing of the past.

For more details, call the Grove Team at 817-337-0000 or go to http://www.groveteam.com/ to ask questions. There are many homes available in Keller, North Richland Hills, Grapevine, Southlake, and HEB that would fit almost the criteria of any buyer who qualifies to take advantage of the first time home buyer or current home seller tax credit.