Thursday, October 29, 2009

Tax Credit Extension


We are hearing that the extension of the incentive may be extended beyond the first time homebuyer...

Senators have agreed to extend the tax credit for first-time homebuyers and to include the repeat buyers...


The tax credit will be $8,000 for first time homebuyers who write an offer before the end of April, 2010, and close by the end of June. Repeat buyers can receive up to $6,500.00, if you have owned your present home for at least 5 years.

While this is still in the process of approval, but we are hopeful that this will go into effect, at least some part of this plan...


Stay tuned for updates...

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