Homebuyer Tax Credit

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Real Estate Agent with Frank Rubi Real Estate

Looking for a clear explanation on the existing homeowners who sell and buy this year.  Is there a date this year that applies or is it for the whole year?  I understand the first time buyers credit and have benefited from it.  I just want some clarification from someone who understands the new law better than I.  Thanks for your time fellow AR's.

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Rainmaker
569,425
Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

Hey John.  I read an article in the Trib this morning.  Couldn't find a link.

Apparently the new law has been in affect since Obama signed Nov. 6th...

Any buyers that buy now and have owned there home for more than 5 years is eligible.

Seems like it might be a solid idea...

Talk to you soon,

Ken

Nov 13, 2009 07:52 AM #1
Rainmaker
569,425
Ken Tracy
Coldwell Banker Residential - Naperville, IL
Helping clients buy and sell since 2005

Hi John.  Found the link.  Let me know what you think...

Ken

More buyer get tax break.

Nov 13, 2009 08:21 AM #2
Rainmaker
388,919
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

Thanks Ken have a good weekend.

Nov 13, 2009 10:37 AM #3
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Rainmaker
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John Walters

Licensed in Louisiana
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