First Time Home Buyer Tax Credit Extension?
There’s talk of an extension for the first time home buyer tax credit. There’s been a number of bills introduced to congress having to do with this extension. The latest potential extension gives it another 6 month run. Congress just passed a bill extending the credit for service members only for a year. It might […]
Time Almost Run Out for Tax Stimulus
The first time home buyer $8000 tax stimulus expires on December 1st, 2009. You will need to be closed by this date. Due to recent regulation and market activity, it is not uncommon for a loan to take 60 days to close.
This means if you do not have an accepted purchase agreement on a home by September 30th, 2009, it may be too late!