Lake Ridge Virginia Real Estate Help For Sellers and Buyers: Is the Tax Credit to be Extended for 2010 buyers??

Is the Tax Credit to be Extended for 2010 buyers??

Rumors are flying, the media is talking.  Nelson Mateo one of Exit 1st Choice Realty agents posted this message this morning. I thought my readers would like to know "What's Happening with the $8000 Tax Credit Extension"

Via Nelson & Tania Mateo (Exit 1st Choice Realty):

Many rumors going on!!!  However, the lates update is that the credit most likely be extended to April 2010.  The house is trying to expand the bill to assist everyone!!!  $8,000 for 1st time home buyers and possible $6,500 for existing homeowners.  They are talking to modify the annual income from less than $125,000 up to $225,000.

If that's not enough they home value will be for $800,000 homes or less and the contract must be signed by April 30, 2010 and settlement shall take place by June 30th!!!

I will keep you posted as development continue!!

Nelson Mateo

Realtor, CDPE

The Mateo Team

EXIT 1st Choice Realty

571-921-2966 Cell

703-564-9174 Fax

www.TheMateoTeam.com

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Contact Peggy James or Erick Blackwelder  of Erick and Company  of Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085(Peggy)703-590-2252  (Office).Give us a call and we can "GET YOUR HOME SOLD FAST"to list your property for sale we service WoodbridgeLake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas,Gainesville, Garrisonville and Triangle area's.Basically all of Prince William County Virginia. Manassas Park, Haymarket,Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, Dale City.

  

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