Posts Tagged $6500 federal tax credit
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Federal Tax Credit “Deadline” Extended
President Obama signed an extension to the closing deadline for the Federal Tax Credit for Housing on July 4, 2010. The original legislative deadline called for all escrows opened on or before April 30, 2010 to be closed by June 30, 2010 in order to
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Federal Tax Credit Ends April 30th!
Time is running out for home buyers to take advantage of the Federal Tax Credit! April 30, 2010 is the last day you may execute a binding purchase agreement to qualify for the Federal Tax Credit. That purchase agreement must result in an escrow c
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Federal Tax Credit for a New Home Purchase Ends Soon!
The Federal Tax Credit for purchasing a new home ends soon. By law, the buyer of a new home must sign their contract to purchase by April 30, 2010, and close escrow by June 30, 2010. That means we are in the last 45 days for home buyers to qualify fo
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Tax Credits for California Home Purchases?
California's Governor Arnold Schwarzenegger is proposing a return of the Housing Tax Credit. In his last State of the State address, the Governor announced his upcoming budget proposal (to be released on Friday) would include $200 million for Tax
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The Federal Tax Credit WILL BE Extended!
The US Senate and the House of Representatives have voted on an extension of the Federal Housing Tax Credit, with a new twist! The passage of H.R. 3548 provides for an extension of the existing first-time home buyers tax credit of $8,000 AND provide
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