$6,500 Tax Credit Move-Up Market Entry-Level Market Helping the Move-up Market The $8,000 tax credit for first-time home Buyers worked so well that the government has extended it to move-up Buyers, too (albeit in slightly less generous form). Beginning Dec. 1, eligible Buyers who’ve occupied their existing home for 5 out of the last 8...Read More
(Almost) Done Deal! The Senate passed the bill 98-0 yesterday; the House followed suit today. President to sign tonight/tomorrow. Highlights per Steve Mohabir, City Lakes’ in-house loan officer: One provision will continue for five months a popular $8,000 credit for many first-time home buyers, which was to expire Nov. 30, and create a $6,500 credit...Read More
