$8000 Tax Credit stirs up home buyer interest

First Time Home Buyers

...are being nudged closer to taking the plunge towards buying a Maryland Home.

Getting someone to nibble and then bite on the home you're hoping to sell isn't easy. Especially first time buyers, Your offering has to find some way to stand out from the crowd, there are a lot of foreclosures selling at hefty discounts.

Amy Houk from MarketWatch.com says a lived in home could be more appealing than a home that's been boarded up for God knows how long.

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"First-time buyers are skeptical of buying homes that need improvement. Sellers certainly don't need to remodel the kitchen, but they want to make sure that their home showcases very well," said Eric Mangan, a spokesman for ForSaleByOwner.com.

In fact, while nearly half of brokers polled for a Coldwell Banker survey last year found that affordability was the No. 1 concern for first-time buyers, 81% said move-in conditions were very important to these buyers. Only 7% said first-time buyers were looking to purchase fixer-upper homes that they could buy on the cheap and renovate.

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