Friday
Jul022010
Good News for Home Buyers...
Fri, July 2, 2010 at 1:22 PM As we head into the holiday weekend...
If yesterday you thought you weren't going to get your $8000 Home Buyer Tax Credit... Today you can breathe a sigh of relief. Whew! Approved last night - you now have until September 30th to close as long as you were in contract by April 30th. Gotta love those foreclosures and short sales... they can take a long time to close.
Sorry folks, still no new tax credit for future purchase contracts but I think that's a good thing. This housing market needs healthy, sustainable recovery not more unsustainable stimulus. Not picking sides here - but there is no such thing as free money, right?!
Read all about it here: http://www.mortgagenewsdaily.com/07012010_tax_credit.asp.
Happy 4th of July everyone! Jana
tagged First Time Home Buyers in Buying/Selling, Economy
First Time Home Buyers in Buying/Selling, Economy 
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