The long-awaited extension of the tax credit has been approved by both the House and the Senate and currently awaits President Obama's signature (which is not expected to be a problem).  There is also an expansion of the credit to include current homeowners (not just first-time buyers)...however, there are several restrictions along with improvements.  The income limits have been increased, the maximum sales price has been set at $800,000, etc. 

Roger Hunt

Private Mortgage Advisors (an affiliate of Wells Fargo Bank, N.A.)

Burlingame,CA 94010

650.796.0326

www.rogerhunt.com

roger.m.hunt@wellsfargo.com

 
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1 Comments on Extension of Tax credit approved!

NOV
06
1 Featured Post Outside Blog

I am curious to see how many posts I can find in the next 5 minutes on tax extensions... this is number 2.
6:37pm • #1

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Roger Hunt

Burlingame, CA

More about me…

Private Mortgage Advisors/an affiliate Wells Fargo Bank N.A.

Address: 1440 Chapin Ave , Suite 200, Burlingame, CA, 94010

Office Phone: (650) 931-2067

Cell Phone: (650) 796-0326

Email Me

In this blog I will share information, that I feel will be useful to both the real estate agent and the consumer as it relates to real estate financing in California and the rest of the U.S. I am a direct lender with Private Mortgage Advisors (an affiliate of Wells Fargo Bank, N.A.)


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