August 27, 2009
Deadline looms for $8,000 tax credit:home must close escrow by 11/30/09
Just to clarify: All first time homebuyers, You have to close by Nov. 30, to receive the $8,000 tax credit in 2010. The tax credit statute requires buyers to FULLY CLOSE on their purchases-(not just be under contract)-no later than Nov.30 CLICK HERE TO READ ON FOR COMPLETE GUIDELINES.
July 23, 2009
Hurry 1st time homebuyers, $8K tax credit ends Dec 1,2009
If you are thinking of buying your 1st home you may want to factor in losing out on this credit. For example, if you would normally get a $2,000 tax refund you may now get a $10,000 refund instead! SEE IRS GUIDELINES.