Even though the tax credit expires tomorrow, April 30th, there are still plenty of opportunities in the state of Texas for assistance. TXHomePrograms.com is a website that gives you a way to search for assistance programs by city. There is lending help and repair, rehab loans available to research. Keep this link or pass it on, there are still ways to save money on your home purchase. This site is sponsored by the Texas Association of Realtors and is for every city in Texas.
[75093,Plano,Texas, homebuying assistance programs]
If you're ready to Buy...start house hunting now..
Time lines and deadlines are just a fact of life and so is the government tax credit that is set to expire April 30th. What does that mean? Right now, you have enough time to start the process of house hunting and get under contract by April 30th and closing by June 30th to take advantage of those big dollars. Up to $8000. or $6500. is a substantial amount of money that can be used for anything you desire. So if a property needs some repair and is a great price, think about the opportunity, you can use that money to fix it. This is one of the rare consumers perk of the economy so if you're ready to buy, now is the time before interest rates start to rise and they will sooner than you think! Besides - there are some excellent values to be had! And we know where they are...
[75093, Plano,Texas,tax credit]
Now, I might think twice about posting something from the IRS but this is actually a short and sweet explanation of the first time home buyer tax credit which expires Nov. 30, 2009. A bill is in the Senate to extend it for another 6 months, hopefully...pass this on if you know someone this might help.
[where:75093, Plano, TX, real estate, first time home buyer tax credit]
Posted by: Terry Smith - TX Broker, Owner, Dallas Real Estate Gal - 214.755.9895 AT 11:53 am
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The first time home buyer tax credit is an awesome tool, it's basically a bail out for the consumer and it's a good one! Here's the updated brochure with the latest info to take advantage of this opportunity. It will directly reduce the total amount of taxes you owe. How? When you file your taxes for the year you purchased the home (2008 & 2009) - you can subtract the amount of credit for your Federal tax liability, increasing your refund or reducing what you owe. Click this first time home buyer tax credit link or graphic above to see if you qualify. And of course, if you need help with finding your home, we're here 24/7. (Shameless Plug)
[where:75093,75024,75025, Plano, Texas, First Time Home Buyer Tax Credit]
Posted by: Terry Smith - TX Broker, Owner, Dallas Real Estate Gal - 214.755.9895 AT 12:40 pm
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Just when you thought it couldn't get more complicated, it does. I've had many
questions about this lately. So, here is a slide show from NAR (National Association
of Realtors) to explain the first time home buyer tax credit. This is good, so email this
post or pass on the link to anyone you feel can use the information to buy a home and
understand what is available to you.
[where:75093,75025,75024, West Plano, first time home buyer tax credit]
Posted by: Terry Smith - TX Broker, Owner, Dallas Real Estate Gal - 214.755.9895 AT 03:12 pm
| 0 Comments | Email
Take a look at the monthly housing breakdown for Feb. 2013 for insight into the current real estate market. Every month new information will be posted as a trusted souce for excellent advice. Any questions about local real estate in Plano? Just ask us for expert advice.
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