Lake Tahoe Real Estate. Deadline for Homebuyer Tax Creditby Bonnie 
The deadline for the homebuyer tax credit incentive is April 30, 2010 so homebuyers have a little over a month still to take advantage of this. Both new and move-up buyers can benefit from the credit. First-time homebuyers can get up to $8,000 and qualifying existing homeowners who buy a new primary residence or have one built can recieve up to $6,500. The maximum home purchase price is $800,000. The National Association of Realtors says that as many as 400,000 resale transactions were completed specifically because of the credit and put a good dent in the housing inventory. Home sales also add property and sales tax revenues to the coffers of local governments as reduced inventory helps boost prices and home values. 
Post my comment
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||
55˚ Fair