The race is on to “cash in “on the $6,500 tax credit now available to all home buyers that have owned their most recent home for 5 out of the last 8 years! In real estate terms this is a short race, you might even say a bit of a dash! To receive the tax credit, you must get a home under contract by April 30, 2010 and close by June 30, 2010. This means a homeowner needs to put their current home on the market to get it sold as soon as possible. For details about the $6,500 tax credit and who qualifies, visit: http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit
Memphis, TN
Broker / Industry Analyst
The window of opportunity is about to close. It'll make times a little better for those who meet the criteria.
Jan 31, 2010 05:38 AM
Southwest Missouri Realty - Springfield, MO
Ready to sell? Call Betty!
Lori, it is a great time for buyers but I wonder what the market will do when it expires?
Jan 31, 2010 11:35 AM
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