Keyword: real estate tax credit
Did the Senate extend the closing date for the buyer tax credit?
Did the push for the extension work? After strong urging from the National Association of Realtors among other industry trade groups, the Senate approved the homebuyer tax credit extension today. Previously, homes contracted before April 30th (when the tax credit expired) were required to close before June 30th in order to qualify for the credit. Given that the lending process ...
Tax credit dying, let’s celebrate the good news [OPINION]
Stop crying already! Yes (for the umpteenth time), the $8,000 tax credit is ending this week and it’s a blessing sent from above. Why do I say this? Not just because the country has been hanging from the teet of the federal government since the great crash, but because it has allowed the lending world to become dependent and outside ...
Real estate tax credit extended for armed service members
Armed service members The current $8,000 first time home buyer and $6,500 repeat home buyer tax credits expire for most Americans in four days, but for qualified service members, the tax credit will be extended until April 30, 2011. Service members (armed or intelligence officers) who served an official extended duty outside of the U.S. between January 1, 2009 and ...
Life After the Tax Credit – Getting Creative For Your Clients
Note from the editor: please welcome Anna Altic to the Agent Genius family. Anna will be writing about the emerging trends and methodologies of green real estate, a topic we are extremely fond of and have had many requests to cover more in depth. Anna has NAR’s Green designation and currently chairs the Greater Nashville Association of Realtors environmental committee ...
Why the Extended Home Buyer Tax Credit is a Slap In the Face
Sure, you’ve all heard by now…the first-time home buyer federal tax credit has been extended through March 30, 2010 and has also been expanded to include many existing home owners. Many are shouting, “WOO HOO!”. But I’m not. No, really..we’re serious! SIKE! For some time now, NAR and the government have been screaming and yelling, “You’d better hurry up and ...













