November 2009

Found 1 blog entry for November 2009.

First Time Homebuyer Tax CreditsWe've had several phone calls this morning regarding the newly expanded Home Buyer Tax Credit. Of course, buyers who have pending contracts are asking if they will now qualify for an additional tax benefit.

Keep in mind that while both the House and Senate have passed the bill, it still has to be signed off by The President. There are countless blogs, and news articles expelling the pros and cons of our Government using tax dollars as an incentive for buying homes and cars, and time will tell if the programs are ultimately successful. So the purpose of this blog is not to defend or denounce the program but to provide an overview of how it works. Please keep in mind that anytime you're dealing with tax incentives it's always best to check with a

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