Tax Credit Update for Buyers
by elizabetheugenio on July 1, 2010
The extension for the federal tax credit has been approved. This means if you were in escrow by April 30 and your transaction did not close, you can still take advantage of the tax credit as long as you close escrow by September 30, 2010. This is another break through for the buyers!
State tax credit may not be available anymore. As of June 15, $91 Million of the funds appropriated for the purpose have been used.
Those who missed the tax crerdit have to remember that the interest rates are still at record low, plus more inventory of homes available and homes are priced lower. It is still a great time to buy a home.
Elizabeth M. Eugenio
(909) 376-8615
Websites: www.HomesByLiz.com
Certified Distressed Property Expert, Certified Residential Specialist, Graduate Realtor Institute, Short Sale and Foreclosure Resource
DRE# 01126934
Tagged as:
buyers,
buying a home,
chino hills,
first time buyers,
Mortgage and Financing,
save money,
Tax Credit
Tell Others What You're Reading!
Connect with me!
Since 1991, I have served the residents of Chino Hills and surrounding cities. Providing exceptional customer service has been my top priority earning me referral and repeat business from family, friends, associates and past clients.
The advanced training in finance, marketing and technology I received as a Certified Residential Specialist (CRS) designee provides you better representation making the buying and selling process a more profitable and easier experience. Only 4 % of Realtors in the nation has earned this designation.
Short Sale and Foreclosure Resource (SFR) is the only designation recognized by the National Association of Realtor for short sale and foreclosures. This designation and the (CDPE) Certified Distressed Property Expert has allows me to better assist you as a buyer on your purchase of these properties and as a homeowner experiencing financial hardship avoid foreclosure.
Additionally, the Seniors Real Estate Specialist (SRES) designation has helped me serve the special needs of the 55 years and better population by making the process easier and help keep more of your r money when you move.
Contact me for all your real estate needs and you can count on me to provide you better representation and make sure you have an easier and smoother transaction. I can be reached at (909) 376-8615 or at: Elizabeth@HomesByLiz.info.
Elizabeth has written 27 articles on this blog.
