Thursday, January 7, 2010

Real Estate Tax Credit

Many questions come my direction about the Tax Credit that was extended. This credit is for first time home buyers as well as home owners that have owned their homes for five years or more. Interestingly, today I read that a home owner does not have to sell the current home in order to take advantage of this credit! Act now because the deadline for having a binding contract is April 30, 2010. Remember this is a credit that does not have to be repaid! Does it get any better? If you have additional questions regarding this opportunity please see the following article:
The Expanded Home Buyer Tax Credit Could Chase Away the Winter Blues | RISMedia