Well, for those of you sitting on the fence hoping for a First Time Home Buyer Tax Credit Extension, your wishes could come true this week. As a matter of fact, we could know something by as early as this afternoon.
All the news on this bill shows that it will probably happen very soon. Not only will this bill be an extension to first time home buyers, but they are looking to extend up to a $6,500 tax credit to move-up buyers. For those who have lived in their home for at least 5 years and are ready to move up, now might be the perfect time.
With the real estate market still struggling to pick up and average home prices still low, this could be a great time to find some great bargains and take advantage of the tax credit extension.
We hope to know the outcome of this bill by the end of the week. Stay posted as we will let you know as soon as they officially announce the outcome and the details of this tax credit extension.
We would love to hear your feedback on the first time home buyer tax credit extension. Are you for this? Why or why not? Leave your comments below.
Bob Foster
waiting to hear on tax credit extention for first time buyer. Moving to Springfield, Mo area first of Aug. looking for house, lease or owner finance.Must be in or around Marshfield. We are retired on fixed income.
Tyy Ward
Thanks for the comment Bob!
The first time home buyer tax credit extension has come and gone. Unless the government changes something, you had to have your house under contract by April 30, 2010 and now closed by September 30, 2010. Sorry we are not able to help you out with this, but if you are looking for a loan in the Marshfield, MO area we would love to help you out.
The fastest way to get the ball rolling with this is to have you fill out our quick application. Click here to be taken directly to our secure quick application. This will only take a couple minutes to get filled out. If you have any other questions, please feel free to Contact Us. We look forward to hearing back from you.