If you want to get the free money from the government for the home buyer credit you have until Friday.Qualified first time buyers are eligible for up to $8000 cash back and qualified existing home buyers may be eligible for up to $6500. However you must have a signed contract dated on or before April 30.
Remember you DO NOT have to close on the property by the 30th, rather you must have picked out the home and signed a contract to purchase.
This is not going to be renewed like the last time and you probably will never see this again in your lifetime (at least we hope, based on the circumstances that caused us to reap this benefit).
1 comment:
I like the new book, "Smart Real Estate Deals in the Bank Bailout Era and Beyond" by Charles McKay. It's available at book sellers and on-line retailers. There's an update on the TARP - Troubled Assets Relief Program with an understanding on how mortgaged securities can be designed to fail.
ISBN: 9781449077228 - Hardback
ISBN: 9781449077235 - Paperback
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