All Entries in the "Federal Tax Credit" Category
What We Need Is Another Home Buyer’s Tax Credit
Each month this year that Chicago real estate sales have increased, experts have attributed the rise to the Federal Home Buyers Tax Credit.
July was the first month that buyers could not qualify for that tax credit, so analysts were expecting a drop in sales.
They got it.
According to the Illinois Association of Realtors, total home sales [...]
Active Military Can Take Advantage of the Tax Credit at The Trails of Dawson Creek
If you are looking to take advantage of the Military home buyer tax credit, look no further than the Poplar Grove new home community, The Trails of Dawson Creek.
As a member of the military, foreign service or intelligence communities, if you served on active duty outside the United States for 90 days or more [...]
Congress Approves Extension to Home Buyers Tax Credit
Worried you aren’t going to close on time to get your Home Buyer Federal Tax Credit? You aren’t the only one.
Congress has approved a plan that would give buyers an extra three months to close on their homes in order to qualify for the tax credit.
Senate Majority Leader Harry Reid, D-Nevada, introduced the measure, which [...]
It’s June: Tax-Credit Deadline Looms, Home Sweepstakes Begins
In April, we talked all about the Federal Home Buyer Tax Credit and how you had to have a contract in place by the end of the month in order to take advantage.
Well, now it’s June, which makes it time to talk about the second deadline involved: To actually get your tax credit, you must [...]
Home Buyers Tax Credit Expiring: Now What?
Friday is the last day to take advantage of the Federal Home Buyers Tax Credit. Do you have a contract in place?
If not, don’t fear. While Congress hasn’t announced any plans to extend the program, others are stepping up with incentives to help the struggling real estate market, and my guess is there will be [...]
