RE/MAX Chief Executive Officer, Margaret Kelly, talks about the government's extension/expansion of the first-time homebuyer tax credit. Certain existing homeowners can now qualify for the credit and homebuyers have until April 30, 2010 to put a contract on a house.
http://www.youtube.com/watch?v=Q3BzAYXCR1A
View the latest Orange County luxury real estate news at the Canaday Group blog.
Showing posts with label government. Show all posts
Showing posts with label government. Show all posts
Friday, November 13, 2009
Friday, October 23, 2009
First Time Homebuyer Tax Credit
Did you know 1.4 million people have used the tax credit & 355,000 people wouldn't have purchased without the tax credit as an incentive!
The California Assoication of Reatltors President stated, "This tax credit is arguably the most successful strategy employed by the goverment to stimulate the housing market."
Right now the First-Time Homebuyer Tax Credit goes to November 30th, 2009. Hopefully this will be extended!
IRS.gov has a Q & A on the tax credit, take a look:
http://www.irs.gov/newsroom/article/0,,id=206291,00.html
The California Assoication of Reatltors President stated, "This tax credit is arguably the most successful strategy employed by the goverment to stimulate the housing market."
Right now the First-Time Homebuyer Tax Credit goes to November 30th, 2009. Hopefully this will be extended!
IRS.gov has a Q & A on the tax credit, take a look:
http://www.irs.gov/newsroom/article/0,,id=206291,00.html
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