GOOD NEWS… It’s a done deal – money in the bank – signed sealed and delivered… Now it’s time to grab your dream home before someone else does!
We’re pleased to be the first in the Sherwood area to announce the exciting news about the tax credit extension! It’s official and posted here are the highlights. Stay tuned as we update our websites with ALL the details so you can easily find all the important details you’re looking for to take advantage of this amazing opportunity. Our official Oregon site for the home buyer tax credit will be www.OregonHomeBuyerTaxCredit.net - coming soon!
Breaking News:
President Signs Tax Credit Extension & Expansion
President Obama signed into law legislation that extends and expands the first-time homebuyer tax credit this morning. This enacts the legislation into law making the extension and expansion effective immediately after today. To learn more about the jobless benefit extension and the extension of the homebuyer tax credit visit: Obama signs jobless benefit extension.
Who Qualifies for the Extended Credit?
First-time homebuyers who purchase after today and before April 30, 2010, are eligible for the extended tax credit.
Current homeowners purchasing a new principal residence after today and before April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.
So long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.
We’d also like to share a quick thank you to the National Association of Realtors (NAR) and the 2,500 Oregon Realtors we joined forces with in this political endeavor to share our voices to help make it happen.
