TAX CREDIT EXTENSION... NOT WRITTEN IN STONE YET

By
Real Estate Agent with Johnson Real Estate, Inc.

The Tax Credit Extension has not been enacted yet.  However, progress is being made.  The Senate passed an amendment to the "tax extenders" legislation that includes the extension of the June 30th deadline for tax credit closings to September 30th.  So the amendment is now in the bill.  The Senate must still pass that bill and the House must also pass it and sent it to the President before the extension will take effect.  The chance for an extension is good but is not a done deal. 

 

FOR ACCURATE INFORMATION ON REAL ESTATE... CONTACT YOUR LOCAL AGENT 

 valerie osterhoudt

Info about the author:

Valerie Osterhoudt is a Cromwell Connecticut Residential Realtor who can assist you with the purchase and/or sale of real estate in the Middlesex County of CT, which includes Cromwell, Rocky Hill, Berlin, Middletown, Wethersfield, Newington, as well as all other surrounding areas.  Please visit me at www.CTrealtorMLS.com for all your relocation and/or local needs.  

For real estate.. all you need to know, is VALERIEO  

If you're thinking about buying a home in Cromwell CT area, there are plenty of great buys in today's market.  There is no better time than now to take advantage of these homes while interest rates remain at an all time low.  For more information on Cromwell CT real estate's homes and/or condos please visit Johnson Real Estate to access the newest listings.

 Valerie Osterhoudt, ABR - Johnson Real Estate, Inc. - 860.883.8889 cell - valerierealtor@sbcglobal.net

 Copyright © 2010 - By Valerie Osterhoudt, ABR - All rights reserved...... *** TAX CREDIT EXTENSIOIN... NOT WRITTEN IN STONE YET***

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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Valerie Osterhoudt, ABR
(Accredited Buyers Representative)

Is a Full Time Realtor® with with Johnson Real Estate, in Cromwell, CT who specializes in Homes and Condos For Sale in the Middlesex and Hartford Counties in CT.

VALERIE OSTERHOUDT REALTOR IN CROMWELL CT

valerie osterhoudt

Valerie Osterhoudt, ABR ~Johnson Real Estate, Inc.
cell:  860.883.8889

email: Valerie Osterhoudt, ABR

website: www.CTrealtorMLS.com

 

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Rainer
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Ryan Smith
Allison James Estates & Homes - Temecula, CA

Hello Valerie, thanks for posting.  I like how you pointed out that it's not is stone yet.  Thanks again!  

All the best!  Ryan Smith, Temecula, CA

Jun 17, 2010 03:55 PM #1
Rainmaker
617,662
Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

I agree with Ryan!    It was announced at our Tour/MLS meeting that it is for sure a done deal....no amount of disagreeing would have this Marketting rep from a title company agreeing that it isn't done!   uuggghhh  

Jun 17, 2010 04:35 PM #2
Rainmaker
591,385
Valerie Osterhoudt
Johnson Real Estate, Inc. - Cromwell, CT
ABR, Cromwell, CT Real Estate ~ 860.883.8889

Ryan.. Glad I can be of some help.  Seems I've been reading about this, but it wasn't until today that I found out it has NOT been signed.

Jun 17, 2010 04:48 PM #3
Rainmaker
591,385
Valerie Osterhoudt
Johnson Real Estate, Inc. - Cromwell, CT
ABR, Cromwell, CT Real Estate ~ 860.883.8889

Deborah.. I'm trying to keep members here up to date with as accurate into as possible.  Not that everything is current.. but this is the lastest I've heard on this.

Jun 17, 2010 04:50 PM #4
Ambassador
1,909,894
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut - Middletown, CT
Your Connecticut Mortgage Expert

Valerie, it would help out a few people if they extended it, but most of the loans should not have any problem Closing on time.  The only ones that I can see needing this are the loans that were done on Short Sales and Foreclosures because of the amount of time that it is taking these Banks to respond.

Jun 17, 2010 04:52 PM #5
Rainmaker
1,230,665
Al & Peggy Cunningham Brokers, Brampton Ontario Homes For Sale 905-450-5500
RE/MAX Realty Services Inc. - Brampton, ON

Guess this will be great news and take the pressure off the mortgage industry if it gets done Valerie.  Have a great weekend! 

Jun 19, 2010 11:09 PM #6
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Rainmaker
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Valerie Osterhoudt

ABR, Cromwell, CT Real Estate ~ 860.883.8889
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