The $8,000 tax credit for first-time buyers played a significant role in bringing about a housing recovery in 2009. In fact, the credit proved so effective in stimulating the economy that Congress agreed not only to extend the deadline for the tax credit until April 30, 2010 but also to expand the credit for current homeowners. However, time is running out for buyers who wish to take advantage of this huge financial incentive.

To help prospective buyers understand the advantages of the new tax credit Weichert, Realtors will host a company-wide seminar on Saturday March 20. Through the seminar, Weichert, Realtors and its affiliate company, Weichert Financial Services, will educate homebuyers on the specifics of the tax credit and the benefits of buying in the current market. 9"Many Americans have already taken advantage of the tax credit to capitalize on the dream of homeownership," said James M. Weichert, president and founder of Weichert, Realtors. "But there is still time for those who didn't act. Through our seminars we hope to help prospective buyers better understand the unique buying opportunity the tax credit and today's favorable market conditions offer."

The free, no-obligation seminar will include a brief presentation that details the different components of the tax credit and the many benefits of owning a home, followed by a question and answer session. 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 www.Weichert.com.