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many realtors and clients have inquired about the refundability for the first time home buyers tax credit as revised and enacted into law b: USDA RURAL HOUSING Running out of Funds, Possibly by end of April, Get Contract to Lenders NOW!
- 03/10/10 05:46 AM
Notice of Funding / USDA RURAL HOUSING This message is to notify you that program funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by the end of April, 2010. Once funding is exhausted, the Agency will not issue Conditional Commitments "subject to receipt of appropriated funds." This is because it is not certain when additional funding will be available. Limited funding may become available for disaster areas declared in 2008, or in disaster areas declared for Hurricanes Katrina and Rita. Limited funding may also become available as prior Agency commitments are de-obligated, however, such funding will be
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many realtors and clients have inquired about the refundability for the first time home buyers tax credit as revised and enacted into law b: The First Time Homebuyer Tax Credit is REFUNDABLE, You get the money over and above your tax liability!
- 02/22/09 03:37 AM
Many Realtors and Clients have inquired about the refundability for the First Time Home Buyer's Tax Credit as revised and enacted into law by the Congress and President Obama last week.. Below is how I see it: (Please keep in mind that anyone seeking this or any other tax credit and/or deduction should seek competant advice from a tax professional. I am not a tax professional) All that said lets go. In 2008 Congresss created a $7,500 First-Time Homebuyer Tax Credit. It was effective for First-time Homebuyers who purchased after April 8th, 2008 and would run through July 1, 2009. It
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John F Tuggle
Certified VA Expert Renovation Program Specialist
Columbus,
GA
More about me
John Tuggle, Senior Mortgage Loan Originator, Envoy Mortgage, Ltd.
Address: 5820 Veterans Parkway , Suite 309, Columbus, GA, 31904
Office: (706) 315-2365
Mobile: (706) 315-2365
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