Dawn Barrier REALTOR®, 's Blog,LAS VEGAS BLOG

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Firt Time Home Buyer Tax Credit -looks like it is closer to getting the extension

There are still kinks to work out ...

CNN reports...Senate likely to extend homebuyers' tax credit

Washington (CNN) -- Senate leaders have reached a tentative deal to extend the first-time homebuyers' tax credit that was originally passed earlier this year as part of the stimulus bill, Republican and Democratic sources told CNN on Wednesday.

The agreement would extend and expand the credit to include current homeowners who want to move, according to the sources.

The original credit in the stimulus bill is set to expire at the end of November and offers a tax credit of $8,000 to first-time homebuyers.

Senate sources told CNN they have tentatively agreed to extend that $8,000 credit for first-time buyers until the end of April. In addition, they are adding a $6,500 credit for some current homeowners who buy a new residence by then.

To qualify, current homeowners must have lived in their primary residence for five continuous years.

 

Dawn Barrier
Century 21 Aadvantage Gold

A Las Vegas Short Sale Agent Real Estate Professional

 

 

Certified Short Sale Professional

Certified Short Sale Professional

Dawn Barrier Century 21 Aadvantage Gold
2 offices to serve your needs (North and South)
Las Vegas, Nv
(702) 812-4550

My Website

Other Blogs

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IRS INFO

First-Time Homebuyer Credit

First-Time Homebuyer Credit Questions and Answers: Homes Purchased in 2009

Dawn Barrier    EXP REALTY Las Vegas   (702) 812-4550 

 
 
 
 
 
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Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

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Comment balloon 0 commentsDawn Barrier • October 29 2009 04:40PM
Firt Time Home Buyer Tax Credit -looks like it is closer to getting…
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There are still kinks to work out.. CNN reports… Senate likely to extend homebuyers' tax credit Washington (CNN) -- Senate leaders have reached a tentative deal to extend the first-time homebuyers' tax credit that was originally… more
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Is it too late to get the $8, 000 First Time Home Buyers Tax Credit in…
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Again it is one of those maybe yes, maybe no, it all depends… Just my 2 cents worth… The odds of buying a home now (Nov 30th deadline to close) and closing a loan in time to get the tax credit are most likely very slim to none now… more
FRAUD: First-Time Home Buyer Tax Credit fraud running rampant-This…
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FRAUD: First-Time Home Buyer Tax Credit fraud running rampant- Congress scrutinizes problems in home buyer credit Four-Year-Olds Got Homebuyer Tax Credits This could hinder any type extension? Maybe it will maybe it won't… but… more
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Facing Foreclosure? 'Short Sale' May Help
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TIPS: Around the Home – Preparing House for Winter
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LasVegasDawn on Facebook--Las Vegas Short Sale on Facebook-HIt the…
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LasVegasDawn on Facebook LasVegasDawn on Facebook LasVegasDawn Become a Fan more
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When to DISCLOSE a "Smelly" site? NORTH LAS VEGAS-Beazer…
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When to DISCLOSE a "Smelly" site? NORTH LAS VEGAS- Beazer Homes Sued over Pig Farm This is an interesting article in the Las Vegas Sun NLV homebuyers sue builder over pig farm odors This is the same pig farm that has… more
Where are all the REO's?
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Interesting article by Rick Sharga or Realty Trac in RISMedia,,,, click below to read the whole article Where Are All the REOs? Foreclosure Fundamentals by Rick Sharga RISMEDIA, October 5, 2009 Read more: http://rismedia. com/2009-10… more
Centennial Hills Movies in the Park -Kids Love this! Monsters vs…
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Take the kids, chairs and blankets! The city of Las Vegas will host a Movie in the Park, "Monsters vs. Aliens, " for all ages at 8 p. m. Oct. 9 at Centennial Hills Park, 7101 N. Buffalo Drive. People are invited to picnic… more
NEVER PAY a Mortgage payment to someone who comes to your door in Las…
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NEVER PAY a Mortgage payment to someone who comes to your door!! I posted a blog… Freddie Mac hires Titanium Solutions, Inc. to Help Borrowers Complete Modification Applications and it as well as some recent happenings prompted me to… more