Home buyer tax credit results?

Home buyer tax credit results?

Posted in the Washington Forum

“Realtor in Maryland and DC”

Since: Oct 09

Ahmedabad, India

#1 Oct 27, 2009
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?

“Realtor in Maryland and DC”

Since: Oct 09

Ahmedabad, India

#2 Oct 29, 2009
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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