IT'S OFFICIAL THE CREDIT HAS BEEN EXTENDED!!!!!
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Tax Credit 2010

Money

Nothing is finalized yet the bill still will need to pass through the House of Representatives.  I think it has a very great chance to do so though, at least in some form. 

I know and have seen some of the positive that will come out of these Tax Credits from buyers I have worked with.  It has helped them to feel confident that they will be getting a good investment instantly.

The thing about the new credit that I do like is the fact that they are offering $6500 to current homeowners if they have lived for more then 5 years at their current address.  This should bring even more buyers out of hiding and help broaden the impact the Tax Credit will have on the current situation.

I'll let you know how things turn out.

Some good articles on the subject can be found at the following links:

http://news.yahoo.com/s/ap/20091029/ap_on_bi_ge/us_homebuyer_tax_credits

http://www.wral.com/business/story/6302314/

 

-Phil Graves-

utahbuyeragent.com

utahbuyeragent.com logo

 

IT'S OFFICIAL THE CREDIT HAS BEEN EXTENDED!!!!!
CLICK HERE TO READ MORE


 

....I've read a lot about it from both sides.  Is it good? Is it bad?  The bad thing is that it will cost taxpayers (us) a lot of money for a long time.  The good it really will help a good amount of First-Time Home Buyer's get into their first home!