Tuesday, September 15, 2009 @ 10:06:00 AM - Written by Ryan Vaught
First time buyers have up to November 30th to close on the house in order to collect their tax credit. This means if you are on the fence, get something in escrow in the next 30 days! For more questions on this credit call or send us an email. More details on the credit is below.
8,000 home buyer credit soon to expire
There's a Federal income-tax credit available to first-time home buyers for 10% of the property purchase price (up to a total of $8,000).
The credit's availability is, however, about to expire.
Unless the credit's legislatively extended (and I've heard nothing about its extension), no home purchase which closes after November 30 of this year will qualify.
There's a Federal income-tax credit available to first-time home buyers for 10% of the property purchase price (up to a total of $8,000).
The credit's availability is, however, about to expire.
Unless the credit's legislatively extended (and I've heard nothing about its extension), no home purchase which closes after November 30 of this year will qualify.
Details on the credit.
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