Special offer

$8000 Tax Credit On Verge of being extended!

By
Mortgage and Lending with Gateway Bank Mortgage

It appears that the $8,000 first-time homebuyer tax credit is about to be extended until April 30, 2010. And the  legislation may provide a tax credit for some current homeowners.  

We'll have to see the final bill, but the most positive thing in this is that the deadline will be contract based with 60 days to close after an April 30th Contract deadline.

Link to NAMB Announcement

 

Julie Chroust
Julie Chroust, Senior Loan Officer Bay Equity LLC - Walnut Creek, CA
(925) 381-1481 jchroust@bayeq.com

Yeah.... this will give our sales a boost for the first half of the year.

Oct 30, 2009 03:41 AM
Chad Elliot
Keller Williams Integrity Northwest - The Hennepin Group - Elk River, MN
ElkRiverHomes.com

WooHoo!  Let's keep the momentum going!!

Oct 30, 2009 03:43 AM