In the News

                -- Weichert offices to host local seminars company-wide on September 26 --

MORRIS PLAINS, N.J., Aug. 26, 2009 – The $8,000 tax credit for first-time buyers passed by Congress earlier this year has created an excellent opportunity for those wishing to capitalize on today’s affordable housing market.  Still, with the average real estate transaction taking between 45-60 days to complete, the reality is many Americans will miss out on this tremendous financial incentive if they don’t act immediately to ensure they have purchased and closed on a home by November 30 to beat the credit’s deadline.

To help prospective first-time buyers understand the advantages of the $8,000 tax credit and capitalize on this financial incentive before it expires, Weichert Realtors® will host a seminar on Saturday Sept. 26 in each of its approximately 500 company owned and franchised offices nationwide. Through the seminar, Weichert, Realtors, along with its affiliate companies, Weichert Financial Services and Weichert Real Estate Affiliates, Inc., will educate first-time homebuyers on the specifics of the tax credit created by Congress and the other benefits of buying a home in the current market.

“The combination of the $8,000 tax credit and affordable home prices has create one of the best times to buy for first-time buyers in recent memory,” said James M. Weichert, president and founder of Weichert, Realtors.  “Yet, those who want to claim the tax credit have virtually no time left to spare.  Our seminar is designed to help first-time buyers understand the current market and the tax credit so they can take advantage before it’s too late.”   

This free, no-obligation seminar, beginning will include a brief presentation followed by a question and answer session.  An experienced tax professional will be on hand at each seminar to provide an overview of the $8,000 tax credit and to explain the tax benefits of owning a home.  Weichert managers and sales associates will also review the current market and illustrate why now is a great time to buy.   To reserve your seat or to learn more about the time and location of the seminar nearest you, call your local Weichert office.  For a directory of Weichert locations, visit Weichert.com.

Weichert has nearly 18,000 sales associates in approximately 500 company-owned and franchised sales offices in key markets throughout the U.S.  A family of full-service real estate and financial services companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance.  For more information, Weichert's customer service center can be reached at 1-800-USA-SOLD or at Weichert's Web site, www.weichert.com.  Each Weichert franchised office is independently owned and operated.

###