Juicy Estates: Mortgage Blog

$8000 First Time Home Buyer Tax Credit Extended

The House of Representatives has voted to extend the FTHB Tax Credit to those most deserving, our military personnel.   HR3590 will allow eligible military personnel to apply for the credit for up to one year past it’s current deadline of November 3oth.

It is only logical that the Senate will follow the Houses lead and pass this same legislation and we can only hope that our elected officials realize the importance of extending the tax credit deadline for all home buyers into the new year.

The availability of this tax credit has had a positive impact on the South Florida real estate market and the recent development of County funded programs that allow for the tax credit to be used towards down payment further enhance the effectiveness of the legislation.

This entry was posted on Tuesday, October 13th, 2009 at 10:04 pm and is filed under Home, Mortgage News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

Name

Email (will not be published)

Website