Homebuyer tax credit: Less than a month left
March 30th, 2010
Written by Frost Mortgage
CNN Money notes that the chance for first-time homebuyers to get up to $8,000 in tax credits ($6,500 for changing homes) will expire in 30 days. This is the second go-round for the credit and is likely to be the last.
CNN suggests evaluating the particular housing market you’re considering before jumping to make a decision, and we of course agree. Even within housing markets, though, there’s a lot of variability, especially when you factor in the many types of FHA, Veterans Administration and USDA loans and mortgages available. As our CEO Greg Frost Sr. recently wrote, the news has been exceptionally complicated lately, and trying to “time the market” rarely makes sense.
Frost Mortgage has been a leader in the industry since 1991. Please, call us today and let us help you as you consider your next home.
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