I knew it was going to happen. Typical of how the government works. I've been telling all my investor buyers from www.2Days2Buy.com that it was only a matter of time before the government would extend the HomeBuyer tax credit and just like I predicted, they did.
Now...I'm not some financial wizard or anything but the concept is simple. The government is using the sames sales tactics everyone should be using - scarcity! You see, they had a deadline on the original tax credit. So, if you were looking to buy real estate in York PA or any place for that matter, you were trying to do it before November 30th because you wanted that FREE money. It worked! It got lots of people off the fence.
And now, they have extended it till June 30th, 2010 BUT get this, this time if you buy York PA Real Estate, you get a $6,500 tax credit even if you're a repeat buyer. This tax credit was not open to repeat buyers before but it is now.
There's a little catch however...you much be contract by April 30th, 2010.
In fact, the best thing I can provide any investors looking to buy real estate in York PA or anywhere for that matter is a trusted source to turn to for all questions related to this tax credit. I searched long and hard to find this source and now I'm giving it all to you.
Here it is...
www.FederalHousingTaxCredit.com
This was put up by the NAHB (National Association of Home Builders) and has a wealth of information worth looking into. I hope you find it as useful as I did.
Monday, November 9, 2009
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