Posts tagged: first time homebuyer

First Time Homebuyer Tax Credit Extended

Well it came down to the wire, but the first-time homebuyer tax credit was finally extended late last night by the Senate. It’s expected to be signed into law by President Obama today. Relief! This gives homeowners until September 30 to complete their purchase, instead of June 30. It also relieves, for the time being, [...]

Thursday July 1st, 2010 in , , , | No Comments »

Homebuyer Tax Credit Expiring – Now What?

With the $8,000 first-time homebuyer credit deadline looming (April 30), it got me thinking: what will happen after the credit expires? Will the housing market just dry up?   Next month, I would assume that the volume of mortgage loan applications will spike due to a rash of first-time homebuyers getting their houses under contract [...]

Thursday April 22nd, 2010 in , , , , , , , | No Comments »