Home buyer tax credit results?

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Charles Heyward

“Realtor in Maryland and DC”

Since: Oct 09

Ahmadabad, India

NAR reports that existing-home sales rose all over the country in September (://bit.ly/1G6Re4). They also consider this the result of the approaching deadline for the first time home buyer tax credit.

What should we expect after Nov 30 then?

Charles Heyward

“Realtor in Maryland and DC”

Since: Oct 09

Ahmadabad, India

The Senate agreed on extending the first time home buyer tax credit. Additionally they have a $6,500 tax credit incentive for existing home owners.

The new deadlines are the end of April for signing the sales agreement and the end of June for closing the deal.

All the best,
Charles

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