Tax Credit Update - 10/30/09 09:53 AM



Homebuyer Tax Credit Plan Agreed to by U.S. Senate Democrats!
 
If it passes, the proposal would:
 1)    Let homeowners qualify for a $6,500 credit if they have lived in their residence for five years - i.e. they don't have to be first-time home buyers anymore.  
 2)    The income limits will go up (if it passes) to individuals earning up to $125,000, or $250,000 for couples, up from $75,000 for individuals and $150,000 for couples under the current law.
 3)    The plan would extend the credit, due to expire Nov. 30, to home purchases under contract by April 30, 2010, … (2 comments)

Short Sales? - 10/28/09 07:59 PM

 
Everyone by now has heard of short sales, but what is a short sales and what are the pros and cons.
I will attempt to answer questions about short sales and the steps that are needed to have a successful short sale.
Stay tune, this series starts October. 31. I call it Short Sales ABC's
See you then.
… (2 comments)

Extention For Tax Credit - 10/28/09 04:09 PM
 
 
 
Top Democrats in the Senate have reached an agreement to extend the soon-to-expire $8,000 tax credit for first-time home-buyers. All the kinks have to be worked out, but this will bring great relief to many home-buyers who are worried about missing the current deadline.
 The extension may be moved to March of 2010. 
More information to come as this topic develops.
… (0 comments)

 
Frank_harris_600dpijpg Rainmaker_large

Frank Harris

Columbia, MD

More about me…

Keller Williams Realty Centre

Address: 6230 Old Dobbin Lane #150, Columbia, MD 21045, Columbia, Md, 21046

Office Phone: (240) 472-9008

Email Me

Howard County and Columbia Maryland Real Estate and Luxury Homes


Listings

Links

Archives

RSS 2.0 Feed for this blog