Home Buyers Tax Credit

By
Real Estate Agent with Weichert Realtors 7802605

At this point we are not sure if the Home Buyers Tax Credit will be extended past April 30th. This is a great incentive for buyers and sellers alike! Does anyone know of any momentum going on in the government to make an extension happen?? Realtors, Buyers and Sellers and Appraisors would all welcome such an extension!

Comments (2)

Drick Ward Property Management / Broker Assoc
NEPTUNE REALTY - Virginia Beach, VA
"RealtorDrick" - Experienced Representation

Haven't heard anything about extending it, but it was mostly industry professionals (not legislators) talking of the November extension before it happened.  I would say that I'd be shocked if they extend it again, but nothing DC does is shocking anymore - cash for clunkers was a huge waste of taxpayer money and yet there wasn't much backlash for that lapse in judgment.  As a real estate professional, I hope they do extend it, but doubt it will go on forever.

Mar 06, 2010 04:31 AM
Home Design
Alpharetta, GA
Home Design and Real Estate

We are still waiting for the final numbers but I don't think the extension worked as well as Congress hoped.  Most qualifiers purchased before Dec 31st, so I guess we shall see.

Mar 06, 2010 05:10 AM