Friday, November 13, 2009

HomeBuyers Credit Extended/Expanded

It looks as if the homebuyers credit extension and expansion has been approved by the government and is only awaiting the presidents signature to be final. The newly extended tax credit is expected to remain up to $8,000. for 1st time homebuyers and be good for current home owners (who have lived in the home for at least 5 of the last 8 years as the primary residence) to get as much as $6,500. in tax credit. Of course there will be guidelines and rules and regulations and income limits, it is the US government. Any "free" tax money is good money and if you or someone you know has been considering buying or selling real estate now may be the time, this may be your second chance. Call a Realtor today, PS. I AM 1.