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Partial tax credit extension decreases stress for short sale participants

Since the end of April we have several folks who wanted to take advantage of short sales and also get the $8,000 first time homebuyers cash incentive. Of course when it was more necessary than ever to have a timely close one of our short sales went wrong when it was broken into and several vandalized . . . → Read More: Partial tax credit extension decreases stress for short sale participants

Great news for short sale sellers- Obama signs tax credit extension and expansion

Congress recently extended the 8000 first time homebuyers tax credit deadline from the end of November to buyers who sign contracts by the end of April 2010.  In addition to this buyers who have owned a home for atleast 5 years are eligible for a reduced tax credit of up to 6500.  The tax . . . → Read More: Great news for short sale sellers- Obama signs tax credit extension and expansion