November 2009 
There are 71 blog entries for November 2009.
Homebuyer Tax Credit extended AND expanded
Friday, November 6th, 2009 at 4:18pm. 128 Views, 0 Comments.
How are you? I hope you've had a good week. I just wanted to get some key real estate information in your hands as it's truly good news and my guess is it's going to mean a very busy first half of 2010 for buyers and sellers.
As you may know, what prompted a lot of activity in the Northern Virginia real estate market this past year has been the tax credit of $8000 for first-time buyers or those that haven't owned a home within three years. Well, Congress just passed legislation lengthening that program through the first half of 2010. Those seeking to qualify MUST CLOSE by June 30.
MORE IMPORTANTLY, Congress has responded to those of us on political action committees in EXPANDING A CREDIT TO CURRENT HOMEOWNERS. For homeowners that a home they've used…