Sunday, November 8, 2009

Home Buyer Tax Credit extended !!

As you may have heard, yesterday Congress voted to both extend and expand the home buyer tax credit. This new legislation has the potential to significantly help you.

- The current home buyer tax credit is extended to all purchases written before April 30, 2010;
- It significantly increases the number of people eligible to receive the credit by including first time buyers and many current home owners;
- Income limits are increased, thereby further expanding the number of potential home buyers that qualify to receive the credit.

These aspects of the new tax credit, combined with low mortgage rates and the best housing affordability that most areas have seen in many years, should help you greatly!
As always, I am eager to help you with all of your real estate needs. For questions about how this could help you, please call me at (915) 929 2755

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