An article posted by Comcast.net Finance reads in part:
The real estate industry has been pushing to extend and expand the housing tax credit. About 1.4 million first-time homebuyers have qualified for the credit through August. The National Association of Realtors estimates that 350,000 of them would not have purchased their homes without the credit.
Good news! It appears the federal tax credit for first time home buyers due to expire on November 30, 2009, will not only be extended, additionally, home owners who have owned their home for five years, will be eligible for a credit as well. The real estate market in Ardmore, Wayne, Radnor, Bryn Mawr, Narberth and Haverford is ripe for first time homebuyers who can now capitalize on this extended tax credit. The Main Line- my home for many years is an ideal place to start or re-locate a family. With the governments assistance and my extensive knowledge of the Main Line, now is the ideal time to consider purchasing a new homeand I would love to help.
Tax-credits can be confusing! I have the answer to any questions or concerns for both current and prospective clients. If the package passes today, together we can capitalize on this government extensions! After all, money saved, is money earner, right