Hi everyone, I read this article and thought this was interesting and thought you may think so as well.
Will the housing tax credit be extended again – past the current April 30 deadline? Sen. Johnny Isakson, a Georgia Republican and former real estate practitioner, swore in October that there would be no more extensions, but some observers predict that the answer is yes. Jaret Seiberg, a managing director at research firm Concept Capital, predicts that Congress will choose to phase the credit out over six to 12 months. “We believe a phase-out is most likely because it would benefit housing markets but let Democrats argue they are fiscally responsible because they have designed an exit strategy that weans consumers off the subsidy,” she says. Source: The Wall Street Journal, James R. Hagerty (12/23/2009)
Extending this could really help people with some credit issues that will not have it cleaned up by April 30th. If you are thinking of buying in the spring now is the time to find a Realtor so that you can get the tax credit. This is a maybe that it will be extended beyond April 30th., but it is for sure that you have until April 30th. Please look at our map we have great Real Estate professionals to help you. Please on your next PCS move remember us the Military Relocation Connection Network