Special offer

Close by Sept. 30 to Receive Homebuyer Tax Credit

By
Real Estate Agent with RE/MAX Alliance

(Spanish version at the bottom)

Homebuyers who are eligible for a Homebuyer Tax Credit have until Sept. 30 to close the transaction and receive the credit.

Congress has extended the closing deadline, which had been June 30, by three months. The action affects an estimated 180,000 homebuyers who, because of circumstances beyond their control, had been unable to close on their purchase by the original deadline.

One factor in the backlog is that many of these transactions are Short Sales that often require extended time to complete.

The National Association of Realtors estimates that 4.4 million people have received the credit since it was made nonrefundable in 2009. That includes 2.9 million first-time buyers and 1.5 million repeat buyers.

Contact Tere Cardenas, CDPE, IRES, MBA at TereCardenas@yahoo.com or (303) 718-3632 to find out if you qualify for a Short Sale in the Denver area. You can also visit www.BargainHomeHunter.net or www.CasasDeGanga.com for more information.

 

Cierre Antes del 30/Sep. para Recibir Crédito de Impuestos

Los compradores que califican para el Crédito de Impuestos tienen hasta el 30/Septiembre para cerrar su compra y recibir su crédito.

El Congreso ha extendido la fecha límite de cierre, que era el 30/Junio, por tres meses. La acción favorece a 180,000 compradores que, por causas ajenas a su voluntad, no pudieron cerrar sus compras antes de la primera fecha límite.

Un factor decisive fue el atraso en muchas Ventas Cortas o Short Sales que frecuentemente requiren más tiempo para completarse.

La National Association of Realtors estima que 4.4 millones de personas han recibido el crédito desde que se hizo no-reembolsable en 2009. Esto incluye 2.9 millones de primeros compradores y 1.5 millones de compradores repetidos.

Contacte a Tere Cárdenas, CDPE, IRES, MBA en TereCardenas@yahoo.com o (303) 718-3632 para aprender más sobre formas de evitar un embargo en el área de Denver. También puede visitar www.CasasDeGanga.com o www.BargainHomeHunter.net para más información.

 

Todd & Devona Garrigus
Garrigus Real Estate - Beaumont, CA
Broker / REALTORS®

This great info for everyone that needs a clarification. Thank god they extended the deadline because a lot of buyers would have missed out!

Jul 30, 2010 05:48 PM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! And great information's too!
Thanks for sharing,

Adam

Jul 31, 2010 03:43 PM