Real Estate Blog - FIRST TIME HOME BUYER TAX CREDIT EXTENDED AND EXPANDED TO MOVE-UP BUYERS IN NORTHERN VIRGINIA.

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FIRST TIME HOME BUYER TAX CREDIT EXTENDED AND EXPANDED TO MOVE-UP BUYERS IN NORTHERN VIRGINIA.

FIRST TIME HOME BUYER TAX CREDIT EXTENDED AND EXPANDED TO MOVE-UP BUYERS IN NORTHERN VIRGINIA.

ALERT! First Time Home Buyers $8,000 Tax Credit EXTENDED and MOVE-UP buyers included.

Home Buyers

The FIRST TIME HOME BUYERS TAX CREDIT is still available.

$8,000 TAX CREDIT or REFUND is available for home buyers of Northern Virginia real estate who purchase a home through April 30, 2010.

NEW PROVISION NOT LIMITED FOR FIRST TIME HOME BUYERS.

$6,500 TAX CREDIT or REFUND is available for home buyers of Northern Virginia real estate who have a signed Contract of Sale for a home before April 30, 2010 and close on the purchase prior to June 30, 2010.

For more information and help finding a home to buy, contact Lenn Harley, Broker, Homefinders.com, 800-711-7988.

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Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-mail.

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Posted by Lenn Harley, Real Estate Broker, Maryland & Virginia on 11/06/2009 03:56 PM

Comments (9)

First Time Home Buyers Virginia in the Regional (Localism) Channel

tax credit, first time home buyers

Originally posted at: MD, VA Foreclosures, First Time Buyers Grants, CDA Loans MD, Rehab Loans MD & VA: FIRST TIME HOME BUYER TAX CREDIT EXTENDED AND EXPANDED TO MOVE-UP BUYERS IN NORTHERN VIRGINIA.

This post has been included in Virginia Information
Post is included in group: The Ninety-ninth Percentile
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9 Comments on FIRST TIME HOME BUYER TAX CREDIT EXTENDED AND EXPANDED TO MOVE-UP BUYERS IN NORTHERN VIRGINIA.

NOV

Lenn,

This could be a good thing having the extension run thru the end of April. Any bets on having it extended?

WOW! I hadn't kept up with this and didn't realize it was not open to ALL buyers. I guess I need to load up on listings.

Hi Lenn,

How are you? Hope well and happy.

I have had mixed feelings on this but now it is law and we should all be doing what you are doing. Informing and encouraging consumers to take advatnage of what has been put in place for them.

Hi Lenn - I decided not to write on this issue but, after reading your post I realized it makes total sense to get this out in our Localism channels and encourage customers to "go for it". Good job and thanks.

NOV

Kent. Precisely. I write Localism with news to home buyers in my area, not for AR members. They should all know about it.

William. This is simply publishing local news. I posted two, one for MD and one for VA because AR is set up that way.

Bryant. Wouldn't that be an overload?

Don. Not from me.

Well, whether it's a good idea or not, it's law! I guess we'll worry about paying for it down the road!

Laura. I'd chuckle if it werent' so true.

NOV

Just curious - do you think this 5 month window is enough for move-up buyers to take advantage? Especially given that we're in Nov & Dec is next? Out here with home values off by 50% - 60% I don't know if this will be enough time or incentive to motivate. Hopefully the impact will be more positive in other areas.

Gene. I have buyers who would love to benefit and they could settle by June, even with new construction. Problem is they owned their previous home only 4.5 years. I fail to understand why the government put that clinker in.

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