It's Official; Homebuyer Tax Credit Extended and Expanded

The First Time Home Buyer Tax Credit has been extended! First time buyers and those who have not owned a home for the past 3 eyars have until April 30, 2010 negotiate a contract and until June 30, 2010 to get it closed in order to receive the $8,000 tax credit. The bill also allows a $6,500 tax credit current homeowners who buy a new home as well.

Hopefully this extended and expanded home buyer credit will stimulate sales in mid-price homes and will open up more inventory in the first-time buyer price range as well. Of course there are specific income limits and conditions that must be met to qualify.
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The Tax Credit is a great incentive to buy now! You can also utilize buyer assistance programs available through THDA or Rural Development that allow for 100% Financing on many homes in Robertson County and Sumner County What are you waiting for??? Call me today to get started!

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