According to The National Association of Realtors more than 180,000 buyers will not get their $8000 tax credit. These are not buyers who just entered into the market. These are buyers who previously met all the qualifications for the tax credit, but find themselves at the mercy of a work flow jam with lenders or other delays such as lapses in the National Flood Insurance Program, Rural Housing Service, and new home construction, and might not be able to complete the purchase of their homes by the current deadline.
Florida has over 14,000 that are in this number and this will put an end to some of these deals. The tax credit ends on June 30th, but there have been talks to extend it. The market has seen great growth and momentum over the last year, don't let this slow it down. The real estate market is helping the economy recover, we all need it to thrive.
Florida has over 14,000 that are in this number and this will put an end to some of these deals. The tax credit ends on June 30th, but there have been talks to extend it. The market has seen great growth and momentum over the last year, don't let this slow it down. The real estate market is helping the economy recover, we all need it to thrive.
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