Charlene Ritchie Realtor 806-681-6331 Buy a Home Below Market Value

Amarillo TX 1st Time Home Buyer


First-Time Homebuyer Tax Credit

Updated May 7, 2010

Homebuyer Credit Expanded and Extended to the Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit.

Thus, an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2011. If a binding contract is entered into by that date, the taxpayer has until June 30, 2011, to close on the purchase. Members of the uniformed services, members of the Foreign Service and employees of the intelligence community are eligible for this special rule. It applies to any individual (and, if married, the individual’s spouse) who serves on qualified official extended duty service outside of the United States for at least 90 days during the period beginning after Dec. 31, 2008, and ending before May 1, 2010.

 

Sounds too good to be true?  Learn how you can take advantage of this $8,000 tax credit to buy the home of your dreams.

Contact me today  806-681-6331  and I help to see if you qualify for the Tax Credit even if you already own a home.

 


HUD Property Listings


Anytime a home that previously had a VA or FHA insured mortgage is foreclosed, that home will be acquired by HUD and resold via electronic auction.  HUD requirements stipulate that any home listed as a HUD property must be purchased with the aid of a Realtor®.  I am proud to announce I am an authority on selling these HUD homes and I will gladly guide you through the process.  Call me today, I'm here to help you in HUD home sales.


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