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realtors: Extension of the Homebuyers Tax Credit! ~the Trickle Down
- 11/18/09 07:31 AM
As many of you have heard, the new Worker, Homeownership and Business Assistance Act of 2009 has extended the original deadline for the home purchase tax credit from Dec 1st to April, as well as extending a tax credit to "move up buyers'. This means that potential home buyers other than those that have not owned a home in the last 3 years will also get a tax credit for purchasing a new home from now into June 2010.
Of all the bills that have passed to attempt to stimulate commerce and the economy, I like this one the best … (1 comments)
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realtors: Stimulus Changes-- Feb 2009-- Hope for new Home purchases!
- 02/13/09 07:50 AM
House and Senate conferees completed work on final elements of the stimulus legislation early this morning. I want to provide a synopsis to provide an overview of what is in the final legislative package, specifically as it relates to the housing community. I hope this is beneficial information for potential new homeowners, Realtors and other Mortgage Lenders.
House and Senate conferees have agreed upon a compromise stimulus package at a total cost of $789 billion. The House is scheduled to vote on the package today (Friday, Feb 13th) and the Senate will follow suit shortly thereafter, with expectations that the legislation will reach the President's … (0 comments)
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As many of you have heard, the new Worker, Homeownership and Business Assistance Act of 2009 has extended the original deadline for the home purchase tax credit from Dec 1st to April, as well as extending a tax credit to "move up buyers'. This means that potential home buyers other than those that have not owned a home in the last 3 years will also get a tax credit for purchasing a new home from now into June 2010. 
;)
;)
