$8,000 Tax Credit Extension?

By
Mortgage and Lending with First Community Bank NMLS #405459

Good afternoon all!  Things in Helena are very busy.  Lots of purchases going on.  We have lots of residential building happening as well.  I believe the increase in construction is due to the $8.000 tax credit available.

Just heard that the powers that be are thinking about extending the tax credit for at least 6 months.  I hear that they have already extended it for military, diplomatic and intelligence personnel that are serving overseas.  Definitely a step in the right direction.  So an extension for the rest of the first time homebuyers is definitely an option

There is word that they might even extend the tax credit program for people are trying to buy new homes and selling their old homes.  I guess it is still under wraps but surely being talked about.  I will let you know as soon as I know.

Comments (1)

Peggy Chirico
Prudential CT Realty - Manchester, CT
REALTOR® 860-748-8900, Hartford & Tolland County Real Estate

I hope so too. I have buyers who are going FHA so the likelihood of them being able to close by 11/30 is looking very slim. 

Oct 13, 2009 10:02 AM