Blog Post
Lakeland Florida Real Estate – First Time Home Buyers Tax Credit Extended and Expanded
November 10, 2009 by Petra Norris · 1 Comment
It is signed, sealed and delivered – it is law! The First Time Home Buyers Tax Credit is extended and now current home owners wish to purchase a new Lakeland real estate may be elgible to receive a tax credit up to $6,500.
- First Time Homebuyers must be under contract no later than April 30, 2010 and close by June 30, 2010.
- Current eligible home owners buying a new primary residence may take advantage of this tax credit immediately
The chart below from the National Association of Realtors is an outline of the updated and expanded tax credit:
I’m sure you have some additional questions about the First Time Home Buyer Tax Credit and Existing Homeowner Tax Credit that I would like to share with you in this FAQ outline from the National Association of Realtors.
The April 30, 2010 deadline may look to you far away now, but with stricter lending guidelines and short sales flooding our Lakeland Real Estate market you don’t want to wait for this deadline to approach. There are still plenty of Lakeland homes for sale and the prices have been decreasing in recent years. Homes that are priced right will not stay on the market for a long time.
Check out what Lakeland Real Estate has in store for you with the click of the mouse right here below:
I hope you found this post useful! If you need help finding or selling your Lakeland, Florida home, please contact me at 863-619-6918. If you’re new to Lakeland, I’d especially like to extend a warm welcome. I value my clients and provide them with honest, reliable service. Allow me to introduce you to the Lakeland real estate landscape and all it has to offer.
Related Posts
- Real Estate News Alert – Homebuyer Tax Credit and National Flood Insurance
- Lakeland Real Estate Update: You Now Have Only 6 Weeks to Bank the First Time Home Buyer Tax Credit
- Lakeland Real Estate Update: First Time Home Buyer Tax Credit Stops Dec. 1st
- Lakeland Mortgage Update: 100 Days and Counting to Claim the Homebuyer Tax Credit
- Home Buyers – Homeowners – Property Investors – Tax Deadline April 15th
Comments
One Response to “Lakeland Florida Real Estate – First Time Home Buyers Tax Credit Extended and Expanded”Trackbacks
Check out what others are saying about this post...[...] that existing homes sales remained very strong for the month of November giving credit for the first time homebuyers program. The Florida Association of Realtors® reports that existing home sales rose 61% in November from [...]