Extension for First Time Home-Buyer Credit Unlikely
Posted by Sandra Israelson on Sunday, January 3rd, 2010 at 1:34pm.The last time that lawmakers extended the first time home buyer tax credit, they made it abundantly clear that they would not extend it yet again. So what does this mean to those of you thinking of taking advantage of this credit?
For starters, you'll need to have a contract finalized for a purchase by midnight April 30, 2010. And secondly, you'll need to close on the purchase by June 30, 2010.
With interest rates still low and real estate prices equally low, now is the time to begin looking so as not to run out of time. It can easily take more than a month to find what you want and negotiate a purchase.
There are plenty of properties in Sarasota, Lakewood Ranch, and Bradenton that might meet your needs. Please use this website to search out exactly what you are looking for.
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