Ok, first off, this is VERY important:
Monday Night Football - 8:30pm tonite - the premier of the Eagle Realty 2009 Commercial! Check it out on Time Warner cable tonight Pittsburgh Steelers vs. Denver Broncos...it is gonna be awesome..and the game will be cool too!
But seriously...here is the thing...the extension of the Tax credit, not only extension, but expansion, is in full swing as the president has signed. What does this mean?
"the $8,000 first-time homebuyer tax credit and giving additional tax breaks to certain homeowners trading up. Passed overwhelmingly by Congress, the bill would provide a $6,500 tax credit to homeowners who are buying a new primary residence beginning Dec. 1. The language mandates that to get the credit the homeowner must have owned their home for five consecutive years of the previous eight. But there are caps on the tax credits. They only apply to individual buyers who make no more than $125,000 and $250,000 for couples. There is also an anti-flipping provision: Any homeowner who collects the credit and sells within three years must return the money. The FTHB was extended to cover consumers signing a contract by April 30 and closing by June 30."
This way more people will be able to take advantage of this buyers market, but in my opinion this will be the last extension to take advantage...this credit will NOT ALWAYS BE HERE...so don't wait, the new clock is ticking!
Absolutely NOW is the time to buy!