Posted in First Time Home Buyer, tax credit on July 1st, 2010 2 Comments »
Tax credit processing extension till September 30, 2010
The Congress has passed H.R. 5623, the Homebuyer Assistance and Improvement Act, which extends the tax credit closing deadline until September 30th. There will also be no gap between June 30th and the date the President signs the bill into law. The extension [...]
Posted in Delaware Mortgage Loans, Delaware Mortgage Rates, VA Loan, tax credit on March 25th, 2010 6 Comments »
Special Rules for Members of the Military, the Foreign Service
and the Intelligence Community
Congress has acknowledged the unique circumstances affecting members of the military, the foreign service and the intelligence community by making the following exceptions that apply to both the $8,000 tax credit for first-time home buyers and the $6,500 tax credit for repeat home [...]
Posted in Delaware Mortgage Loans, Delaware Mortgage Rates, Mortgage News, tax credit on November 5th, 2009 3 Comments »
2010 Tax Credit for First Time Home Buyers & Move Up Buyers
The Senate and the House of Representatives have passed the bill and now it goes to President Obama to be signed into Law.
Highlights of the Bill;
$8,000 tax credit for First Time Home Buyers
$6,500 tax credit for move up buyers
Buy a home from December 1, [...]
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