When the First Time Home Buyer Tax credit was extended and expanded most people thought the expansion was only for home owners who wanted to move up, those who wished to buy a bigger, more expensive home. In fact, the expansion simply includes those who have owned a primary residence and lived in it for [...]
News and Updates on Charlotte Real Estate
Category Archives: Tax Credit
Time to Close in Charlotte, NC to Use First Time Home Buyer Tax Credit
Congress passed new legislation to stimulate the U.S. housing market, while addressing the nation’s economic situation, by extending the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. There is no doubt that the first time home buyer tax credit is great for people interested in communities [...]
Extended Home Buyer Tax Credit presents opportunity in Charlotte, NC Real Estate Market
Across the nation and here in the Charlotte, NC, people are taking advantage of the move-up/repeat home buyers tax credit. A tax credit of up to $6,500 can be claimed by qualified existing home owners. Whether it is a home in Cotswold, a home in Myers Park, South Park or other great communities in Charlotte, [...]
