Coldwell Banker Pimps Homebuyer Tax Credit With Paid Posts
OK. So here we go. Sharpen your bayonets. Polish your vitriol. Crank up your voracious commentary. Yes. This is Adrants' first IZEA Sponsored post. Let's get the necessarys out of the way: This is a Sponsored Post written by me on behalf of Coldwell Banker. All opinions are 100% mine.
Why are we doing this? It's a newish form of advertising and that's one of the things we write about here on Adrants. While we've written scathing reviews of this form of advertising in the past, it's become a significantly prevalent form on online advertising. We want direct experience and direct feedback from you on this. Yes, we are being paid for this.
The other reason we're writing this is because the subject matter is of interest to many. It's all about the 2010 Homebuyer Tax Credits (tracking link). Coldwell Banker (the client) has all the information here (tracking link). In short, homeowners who have lived in a current home consecutively for 5 of the past 8 years can receive up to a $6,500 tax credit when purchasing a home. First time home buyers can receive up to $8,000. As with all things tax-related, there are income limits: $125,000 for singles, $225,000 for married couples with a $20,000 phase-out of the credit for both. You have to apply for this by April 30 and close on your home by June 30.
Some background stats from Coldwell Banker on this new/extended credit: "The first-time tax credit was working, but what housing and our national economy needed was incentive for the move-up buyer. According to The 2009 National Association of Realtors® Profile of Home Buyers and Sellers, the number of first-time home buyers rose to 47 percent of all home sales from 41 percent of transactions in last year!s study, and was the highest on record dating back to 1981. The previous high was 44 percent in 1991."
Many of you own homes, right? Many of you are considering buying a home for the first time, right? Many of you would love to get a big, fat check in the mail, right? I would. Yea, this is an ad and yea we're (hopefully) getting paid for it but you have to admit, this isn't a bad deal. Of course handing out all this money to homebuyers isn't exactly going to help the national debt or deficit but that's a conversation for the political blogs.
Check it out (tracking link) if it's relevant to you. Do the research. Maybe even search for a home on the Coldwell Banker website. And please leave a comment here about this form of advertising, the deal itself or anything at all you'd like to toss our way. We hope this won't be as vitriolic as those Shiny Suds but you never know.
This video explains all the details:
And the required disclosure badge: