Tax Credit Expiration
No heart warming stories, insights or tips today. Nope, just a very important reminder that the federal tax credit for first time buyers is expiring in a few months. Whether it will be extended, increased or decreased in value I don’t know. But I do know that if you act before December 1st you’ll receive an $8000 federal tax credit. And people say it’s a bad time to buy…
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Tags: Pro Players Realty, tallahassee real estate, Tax credit
[...] If that were to happen, and interest rates rose 1% to the 6% level, then you may not no longer be able to afford the same Tallahassee property. Interest rates are at all-time lows and have likely probability to increase. Not to mention the first time buyers tax credit. [...]