We have now received word that President Obama has signed the revised homebuyer's tax credit legislation into law. This is good news for first-time homebuyers and those currently owning a home who are looking to buy - who meet the qualifications in the law. Much more will be written about this enhanced tax credit i...n coming days. I've attached a short piece provided by the staff at the Pennsylvania Association of Realtors. If you or someone you know is looking to purchase a home and has questions about this revised tax credit or any other aspect of the home buying process, please contact me. I'd be glad to help.
Senate, House pass tax credit (click on this link to access the article)
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Showing posts with label tax credit. Show all posts
Showing posts with label tax credit. Show all posts
Wednesday
Important Information
I prefer not to mix my business (real estate) with this blog but I think it's important to alert all - particularly my neighbors and friends to an important component of the recently passed economic stimulation package.
This legislation contains an important provision for potential buyers and sellers of homes. For homes that are purchased by “first time home buyers” and “settled” on between January 1, 2009 and December 1, 2009, the federal government will provide up to an $8,000 tax credit to the buyer. The implication to the first time home buyer is obvious – an $8,000 incentive to buy – stimulating qualified buyers who had been hesitant to pursue a home purchase to now do so. And for those who had been holding off putting their house on the market because of the high level of inventory of homes for sale, now may be the time to “list” that property and attract those “new buyers”.
Please share this “good news” with your friends, family, neighbors and coworkers – anyone who might be considering a home purchase or sale
Want to learn more about this provision? Feel free to call me at your convenience.
This legislation contains an important provision for potential buyers and sellers of homes. For homes that are purchased by “first time home buyers” and “settled” on between January 1, 2009 and December 1, 2009, the federal government will provide up to an $8,000 tax credit to the buyer. The implication to the first time home buyer is obvious – an $8,000 incentive to buy – stimulating qualified buyers who had been hesitant to pursue a home purchase to now do so. And for those who had been holding off putting their house on the market because of the high level of inventory of homes for sale, now may be the time to “list” that property and attract those “new buyers”.
Please share this “good news” with your friends, family, neighbors and coworkers – anyone who might be considering a home purchase or sale
Want to learn more about this provision? Feel free to call me at your convenience.
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