Real estate blog entries tagged with home buyer tax credit by Lyn Sims - Schaumburg Homes (Schaumburg Real Estate - Northwest Suburbs

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Home : Blogs : Lyn Sims - Schaumburg Homes : Lyn Sims ~ Schaumburg Homes ~ Chicago Northwest Suburbs ~ Illinois Real Estate : Tag "home buyer tax credit"

home buyer tax credit: Schaumburg Homes - What's the results of the tax credit? - 07/04/10 08:36 AM

What's the results of the tax credit with Schaumburg Home Buyers? I've been waiting to write this update now for quite sometime on Schaumburg Home Sales and to be honest, it sure is a let down! Yep, anti-climactic end to the Home Buyers Tax Credit. Like a sharp object aimed at a balloon, it's a total fizzle (or as Snoop Dogg would say 'a total furrrschnizzle').The graph illustrates sales for single family and multi-family Schaumburg Homes from January to June 2010. With all the media hype, I would have expected better numbers. What I see here is the standard increases that we … (2 comments)

home buyer tax credit: Tax Credit Q & A - 11/16/09 07:33 PM

Congress has passed new legislation that extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. Also expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010. Here is the basic information and guidelines about how the Extended Home Buyer Tax Credit can help you purchase a home. If you have specific questions or need additional information, always seek out a tax professional or the Internal Revenue Service at 800-829-1040. But here are the basics: Who … (3 comments)

home buyer tax credit: Home Buyer Tax Credit - The 'new and improved' version just unveiled! - 11/06/09 10:19 AM

So with much fanfare we have the 'new' tax credit that should be signed shortly by the President. This post was written by Claudette Millette from Ashland MA and I think that this post gives most of the guidelines that you will need.
So the deadline for this tax credit will be: Purchase contract by April 30th and close by June 30th, 2010.
Let's get out there and start looking today! I know where there are some fantastic deals I'd love to show you!

Via Claudette Millette - Metrowest Mass Exclusive Buyer Broker (The Buyers' Counsel):
The much-anticipated extension to the … (2 comments)

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