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tax credit: The $8000 tax credit has NOT expired!! - 05/28/10 05:28 PM
The $8000 tax credit has NOT expired!! At least not for everyone.
While it has expired for most buyers, the credit still remains in effect for certain military personnel and foreign service employees deployed overseas for 90 days or more between January 1, 2009 and April 30, 2010. They can still claim the first time homebuyer $8000 tax credit if they sign a contract on or before April 30, 2011 and close on or before June 30, 2011. While this is a relatively small group, it is worth keeping in mind particularly for members of the military ending tours of duty … (3 comments)

tax credit: Buyers Get 2nd chance: Tax Credit extended, Military Incentives added! - 11/09/09 05:32 PM
The $8,000 tax break for first-time buyers, which was set to expire at the end of this month, will continue until April 30. Buyers would have to have signed a contractual purchase agreement, but not necessarily close on the sale. Another 60-day cushion beyond the end of April would be provide to complete the closing to June 30, 2010.
The measure removes the first-time-only stipulation opening the tax benefit up to existing homeowners who've lived in their current residence for at least five years but want to relocate to a new primary residence. The incentive amount for those buyers is $6,500.
… (4 comments)

 
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Michele Reneau, Realtor, GRI ~ Charleston, SC Relocation Experts Team

Summerville, SC

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Certified Staging Professional (CSP) Elite Instructor

Address: 628 Long Point Rd, Mt Pleasant, SC, 29464

Office Phone: (843) 814-6680

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Charleston SC real estate, Military Relocation Experts serving Goose Creek SC, Summerville, SC and surrounding areas. CSP Elite Instructor, How to Maximize Your Client's Equity Through Home Staging.



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