$8000 Homebuyer Tax Credit Ends Soon
The $8000 first-time homebuyer tax credit will end soon. As the law stands today, eligible buyers need to get under contract almost immediately in order to be able to close their transactions in time. The current law requires that all closings must occur by November 30th for buyers to actually take advantage of the tax credit. While there is positive momentum towards the current legislation to extend and expand the homebuyer credit; at this time the deadline is November 30th. So don’t wait to see if they extend the credit into 2010.
For more information on how you can take advantage of the first-time homebuyer tax credit contact us at 866-858-2257 or contact your Beverly-Hanks Realtor today.
