Aundrea Beach-Greco Blog The Homebuyer Tax Credit Ends Soon April 23rd, 2010 11:23 PM Homebuyer Tax Credit Ends Soon... Contracts Must Be In By April 30! Last fall, the government expanded and extended the new Homebuyers Tax Credit. According to the program, first-time homebuyers are eligible for a tax credit of 10% of the purchase price of the home, with a maximum credit of $8,000. And current homeowners can receive up to $6,500. The benefit of a tax credit is that it's a dollar-for-dollar benefit. So, if a first-time homebuyer owes $8,000 in income taxes and qualifies for the Homebuyer Tax Credit of $8,000, she would owe nothing. Even better... because it's a tax credit, it's refundable! That means a homebuyer can receive a check for the credit if he or she has little or no income tax liability. But this benefit is about to end! Homeowners must have contracts in effect no later than April 30, 2010 and must close no later than June 30, 2010 to qualify for the credit. That means...you only have a week to get your paperwork in to qualify for this credit before it goes away! Posted by Aundrea Beach-Greco on April 23rd, 2010 11:23 PMPost a Comment (0) Subscribe to this blog * Name: * Email Address: URL: Comment: Type the characters you see in this picture, click "Submit" when finished.   This helps us prevent automated programs from posting comments and sending spam. * Name: * Email Address: Address: City: State: Zip:   This helps us prevent automated programs from creating bogus contacts and adding them to your contacts database.

Recent Posts: FHA MIP Changes Now Official Save Money: Interest Rates Are at Historic Lows! APPROVED: homebuyer tax credit extension Ways To Reduce Your Debt Stress! Why aren't you working with us? Homebuyer Tax Credit is Extended!! Others Are Acting Quickly…Don't Miss This Opportunity Great News for Buyers with a Short Sale! News Flash: Buying Flip Homes - Don't Wait 90 Days! Military personnel qualify for the tax credit through 2011! Archive: September 2008 Tax issues related to Foreclosures, Short Sales, Repos Posted by Aundrea Beach-Greco on September 25th, 2008 5:51 PM $7500 Tax Credit for first time home buyers Posted by Aundrea Beach-Greco on September 15th, 2008 8:47 PM Can't Afford It - Can't Sell It - Can't Refinance It Posted by Aundrea Beach-Greco on September 14th, 2008 6:00 PM April 2010 The Homebuyer Tax Credit Ends Soon Posted by Aundrea Beach-Greco on April 23rd, 2010 11:23 PM February 2010 How interest rates move and what you need to know Posted by Aundrea Beach-Greco on February 9th, 2010 11:34 AM January 2010 Those Who Wait to Buy a Home Until this Spring... Will Pay Thousands More!! Read why... Posted by Aundrea Beach-Greco on January 27th, 2010 1:21 PM FHA 90-Day Seasoning Waiver Expanded Posted by Aundrea Beach-Greco on January 18th, 2010 12:55 PM Special Report: Detailed Mortgage Forecast for 2010 Posted by Aundrea Beach-Greco on January 13th, 2010 10:34 AM December 2009 Nevadans: Steps to challenging your property taxes Posted by Aundrea Beach-Greco on December 15th, 2009 7:20 PM 2009 Year End Tax Tips Posted by Aundrea Beach-Greco on December 6th, 2009 3:16 PM November 2009 $8,000 homebuyers tax credit extended Posted by Aundrea Beach-Greco on November 6th, 2009 7:18 PM October 2009 Q&A: The Home Buyer Tax Credit Extension Posted by Aundrea Beach-Greco on October 29th, 2009 8:24 PM Don't let FHA changes slow you down! Posted by Aundrea Beach-Greco on October 19th, 2009 3:25 PM $8000 buyer tax credit may be extended... Posted by Aundrea Beach-Greco on October 3rd, 2009 7:35 PM August 2009 Important Fraud Alert!! Lowering your property taxes Posted by Aundrea Beach-Greco on August 25th, 2009 12:47 PM Will Homeowners and Buyers Lose $45,000? Posted by Aundrea Beach-Greco on August 13th, 2009 4:43 PM July 2009 $8000 tax credit likely to extend to 2011 Posted by Aundrea Beach-Greco on July 12th, 2009 11:42 AM This Just In: Refinance at 125% of Market Value Posted by Aundrea Beach-Greco on July 9th, 2009 9:53 AM June 2009 Top 3 Bailout Strategies for Real Estate Investors Posted by Aundrea Beach-Greco on June 9th, 2009 11:45 AM May 2009 Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #5 – Tenants are Better Protected in the Event of Their Landlord’s Foreclosure Posted by Aundrea Beach-Greco on May 26th, 2009 7:02 PM Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #4 – Borrowers Must be Notified When Ownership of Their Mortgage Changes Posted by Aundrea Beach-Greco on May 26th, 2009 7:01 PM Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #3 – $250,000 FDIC Insurance Limit Extended to December 31, 2013 Posted by Aundrea Beach-Greco on May 26th, 2009 7:00 PM Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #2 – New and Improved FHA Hope for Homeowners Program Posted by Aundrea Beach-Greco on May 26th, 2009 6:58 PM Five Ways the New Housing Law Benefits Home Owners:: BENEFIT #1 – Loan Modifications and Short Sales Should Get Easier Posted by Aundrea Beach-Greco on May 26th, 2009 10:22 AM Tax strategies using the $8000 tax credit this year... Posted by Aundrea Beach-Greco on May 3rd, 2009 8:42 AM April 2009 Mortgage rates "close to bottoming out" Posted by Aundrea Beach-Greco on April 3rd, 2009 12:45 AM March 2009 What the "Making Home Affordable" program means to YOU! Posted by Aundrea Beach-Greco on March 5th, 2009 11:56 AM February 2009 Are you eligible??... Obama Unveils Homeowner Affordability and Stability Plan Posted by Aundrea Beach-Greco on February 20th, 2009 2:58 PM Economic Stimulus Plan Benefits the Housing and Mortgage Industries_2.17.09 Posted by Aundrea Beach-Greco on February 17th, 2009 3:36 PM Special Tax Break for Seniors! Posted by Aundrea Beach-Greco on February 17th, 2009 3:30 PM Senate OKs $15,000 tax break for homebuyers Posted by Aundrea Beach-Greco on February 6th, 2009 11:10 AM January 2009 Mortgage Market Forecast for 2009 Posted by Aundrea Beach-Greco on January 15th, 2009 11:42 AM December 2008 Credit Scores In For A Change Posted by Aundrea Beach-Greco on December 14th, 2008 10:32 AM November 2008 REMINDER: New FHA Guidelines take effect 1-1-09 (NV) Posted by Aundrea Beach-Greco on November 30th, 2008 8:42 PM New Conforming Loan Limits Posted by Aundrea Beach-Greco on November 9th, 2008 2:29 PM SPECIAL REPORT: Save Your Credit, Save Your Life! Posted by Aundrea Beach-Greco on November 5th, 2008 9:50 AM October 2008 Watch out!!! Is your Home Equity protected from general creditor claims? Posted by Aundrea Beach-Greco on October 24th, 2008 9:08 AM HUD's HOPE for Homeowners Program Posted by Aundrea Beach-Greco on October 17th, 2008 10:41 AM FHA Secure Program... Delinquent homeowners have choices... Posted by Aundrea Beach-Greco on October 14th, 2008 10:10 AM How you can finance up to $35K for repairs on your home... Posted by Aundrea Beach-Greco on October 14th, 2008 8:57 AM What you need to know about the Rescue Plan Posted by Aundrea Beach-Greco on October 6th, 2008 9:13 AM April 2010 (1) February 2010 (1) January 2010 (3) December 2009 (2) November 2009 (1) October 2009 (3) August 2009 (2) July 2009 (2) June 2009 (1) May 2009 (6) April 2009 (1) March 2009 (1) February 2009 (4) January 2009 (1) December 2008 (1) November 2008 (3) October 2008 (5) September 2008 (3) My Favorite Blogs: Sites That Link to This Blog:

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Doctors, lawyers, even beauticians adhere to strict education requirements and licensing.  Do you want someone who is not bound to certain mortgage licensing standards looking at your credit and finances? Consult a CMPS™!

Certified Mortgage Planning Specialist, CMPS™ represent a new professional category in the mortgage sector: one that arose as a response to legitimate criticisms of the mortgage banking industry.

Mortgage Planners must have regional mortgage licensing, undergo structured training, and pass a battery of tests in order to be certified by private Certified Mortgage Planning institutions. They must also pursue and document ongoing training regarding the mortgage banking industry, the markets that impact home finance products, the role of interfacing with financial services professionals, and the methods, means, and ethics associated with advising consumers on home mortgages.

Certified Mortgage Planners work in concert with other finance professionals, including Realtors, CFPs, CPAs, Insurance Agents and Attorneys to ensure that consumer home finance products are in alignment with market trends, both current and historic. The deliverable of a Certified Mortgage Planner is a "Mortgage Plan" designed to maximize home equity and improve cash flow while wisely managing debt. CMPS professionals are committed, qualified and equipped to implement mortgage, cash flow and real estate equity management strategies that help consumers: Build and conserve wealth, Become debt free sooner, and Achieve financial freedom.