For more information contact Glen Cosper at 414-Glen (4536). Learn more about Glen at www.glenray.wordpress.com.

Q: What kind of effect has the $8,000 federal tax credit for first-time home buyers had on potential buyers? On Realtors?

A: The $8,000 federal tax credit is the BIG WOW in all the economy debate. First-time home buyers do not have to pay it back. Buy a home before Dec. 1, and they get $8,000 back on taxes. Interest rates haven’t been this low since the Beatles arrived in America in the 1960s. As Realtors, we are answering a lot of questions, dispelling misinformation and educating these new buyers in the process. Tell everyone you know: Don’t pass this up because it may not happen again.

Q: What do you tell homeowners who are trying to decide whether to list their homes for sale?

A: It’s a great time to sell and buy another home. Sellers will sell if they price right, stage their home and be flexible on concessions to buyers. Sellers must address any problems with their roof, heating and air or possible safety issues because most loans are now FHA (Federal Housing Administration-backed) or VA (Veterans Administration-backed), with stricter criteria. If you have a honey-do list — then do it. Buyers want pristine, not what it could be.