Seth Jacobs's Blog - Archives June, 2010

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Home : Blogs : Seth Jacobs : Seth Jacobs's Blog : Archives June, 2010

Tax Credit for Maine Home Buyers set to Expire - 06/22/10 02:00 PM

The very popular $8,000 mortgage tax credit for first-time Maine home buyers (and $6,500 for repeat buyers) is due to expire June 30. And if you haven’t already signed a contract, you’ve missed the boat – all contracts must have been signed by April 30 and the loans have to close by the end of June. That is, unless Congress passes a proposal currently in the Senate, sponsored by Majority Leader Harry Reid (D-Nev.), which would allow buyers three more months to close, with a deadline of Sept. 30. Apparently, the tax credit has been so enticing that it has created … (0 comments)

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Seth Jacobs

Brunswick, ME

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Reliant Mortgage Company

Address: 2320 Congress St Suite B, Portland, Me, 04102

Office Phone: (207) 775-4200 x 271

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