AWAY THE WINTER BLUES This column is brought to you by the NAR Real Estate Services group By Ken Trepeta As we begin 2010, both real estate professionals
and home buyers have something to look forward to and, more importantly, take advantage of-the extended and expanded home buyer tax credit. Originally created in 200S, the home-buyer tax credit has evolved from a $7,500 credit, which had to be repaid by the home buyer over the course of 15 years, to an $8,000 tax credit with no repayment required in 2009. (1 comments)
federal tax credit: NEWS ABOUT THE FIRST TIME BUYER TAX CREDIT FROM OUR CEO
- 08/13/09 06:04 AM
As many of you may know there is currently an $8000 Tax Credit for First Time Home Buyers that was put in place to stimulate the real estate market. This significant buyer incentive program is due to expire on November 30, 2009. The NAR and other industry groups are lobbying Congress to: extend the credit for another year, expand the incentive to include all buyers and possibly increase it to $15,000. This proposed extension and increase would be invaluable in assisting the continued recovery of our local real estate market. We have been asked to assist by writing to our US (0 comments)