From the Senate Banking Committee Chair we are now hearing that Senate Democrats have agreed to extend the first-time home buyer tax credit set to expire on December 1, 2009. The latest variation extends the tax credit to homes “under contract,” but not closed by April 30, 2010.
Purchasers would have 60 days to close the sale from this date. The credit will also be expanded to include “step-up buyers” who have lived in their current home for at least five years. For repeat buyers this tax credit would be slightly less with a $6,500 cap.
For your Market Snapshot of the Athens area please check out http://www.AthensGaHomesForSale.com.
Advertisement
About hankbailey
Member of the Athens Area Association of REALTORS®, Georgia Association of REALTORS®, and the National Association of REALTORS®. I grew up in Athens and graduated from UGA with a BBA from the Terry College. I serve as a Residential Real Estate Listing and Buyer Services through Prudential Georgia, one of the largest real estate companies in the State of Georgia. Working with first time home buyers, step-up buyers, and Relocations in Jackson, Barrow, Oconee, and Athens-Clarke Counties.
http://www.AdvancedPropertyMarketing.com (this is our listing methodology)
http://www.GetJobLossProtection.com (this is an overview of our job loss program)
• Adept at understanding mortgage financing issues, products, and terminology.
• Technical expertise in internet marketing.
• Excellence in establishing trust with clients.
Represents Prudential Georgia Property Management in the acquisition and marketing of properties for lease in the Greater Athens area.
Personal website; www.athensgahomesforsale.com
Member of GA MLS
Member of FMLS
Member Georgia Association of REALTORS®
Member of Athens Association of REALTORS®
Member of the National Association of REALTORS®
Member of the UGA Alumni Association
