I just saw an article today about the fact that the Senate is considering an extension of the tax credit along with a bill that is extending unemployment insurance. There are various forms of the bill being discussed, including extending it to all home buyers for primary residences, assuming they qualify in terms of the income guidelines. The discussion is to continue this until June, 2010. Let's wait to see what happens.

Nope..... just make sure you work with a Buyer's Agent!!!!!!!

Best Regards,

Roselyn Wilson
Realty Executives Central Texas http://www.roselyn.centex-execs.com

"I'm doing something different!!! How many Real Estate Agents do you know work only with Buyers?"

Lisa,
I am a REALTOR in Killeen with Colkdwell Banker and I would be glad to help you. You are not to late for the first time home buyers tax credit. The first step is to get prequalified for a mortgage. Then we will know what price range to look in. I can have a lender contact you today and we can start looking tomorrow. My number is 254-681-6355 call me with your information so we can get starteed.
Looking forward to working with you,
Nellie Elizondo

Hi Lisa,
It's not too late, you'll have to close on a home before Dec. 1st 2009.
I'm a local Realtor wit Coldwell Banker in Killeen and will be happy to assist you! Please contact me soon so we can find the right property for you and you won't miss out on this wonderful incentive!

Jeanette Harris
REALTOR
Coldwell Banker United
Call or Txt: 254-319-1316
jharris@cbunited.com

Hi Lisa,

The short answer is you're not, but you must find and close on a property before November 30th to qualify for the federal tax credit. Since this doesn't leave you with a great deal of time, I recommend that you find yourself a good, local buyer's agent, and ask that person for help getting you pre-approved for a loan. You'll find quite a few buyer' agents in your city by going to http://www.rebac.net and selecting "Find a Buyer's Rep."

Good luck!

David Luke

In order for you to get the tax credit, you need to close the deal by November 30th. Many brokers followed an unofficial deadline, and do not guarantee that a client will get the credit unless they went into contract a few weeks ago. If you are in the position to buy and want the credit, you should definitely find a buyer's representative in your area as soon as possible. Buyer's brokers/ agents are paid by the seller even though they help you, so hiring one should be a no brainer. Make sure you are your broker do your research and aren't too hasty to close, but start looking as soon as possible and definitely put in your application by October 30th. It would be difficult to close in less than a month.

Best Regards,
Alessandra Marx
http://www.elikaassociates.com/alessandra-marx
alessandra@elikaassociates.com

No. But you should probably get with someone ASAP as it expires at the end of next month. If you get a home under contract within the next two weeks, you can most likely still claim the credit.

Let me know if I can help.