09.18.09

Clock ticking on first-time homebuyer tax credit

Posted in First Time Homebuyers, Mortgage News at 9:11 pm by Administrator

The clock is ticking on the tax credit that is due to expire on November 30, 2009. There may be some good news for first time home buyers who are searching but haven’t found a house yet and are worried about not being able to close in time to take advantage of the tax credit. Apparently, there is about a 60% chance that the first time home buyer tax credit may be extended as per the article below to keep first time home buyers in the market to help reduce the massive oversupply of inventory. Read more about it below…..

http://www.msnbc.msn.com/id/32902573/ns/business-real_estate//