Recent Blog Posts by Pat Maher

Home buyer tax credit

We are coming up on a first time home buyer tax credit, time crunch. There are 20 days from today to get a home under contract that must close and fund by June 30, 2010. The first time home buyer , has not owned a home for the past three years, or has never owned a home and is eligible for a tax credit of up to 8%. Home owners who have lived 5 of the last 8 years in their primary residence ...

$8000 tax extension

The first time buyer credit has been extended . The contract must be entered into by April 30th 2010 with the closing being by the end of June 2010. There also is a $6500 credit for move up buyers who have been in their homes 5 of the last 8 years.