Today the Minneapolis Area Association of REALTORS released their weekly update of housing statistics for the Twin Cities and showed that for the week ending 4/24/2010, there were 1184 properties in the 13 county region that went to "Pending" status, meaning an offer has been accepted by the seller and the property is no longer ...
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. Expands the credit to grant up to $6,500 credit to current home owners ...
The IRS released the tax form required for claiming the new version of the home buyer tax credit on January 15th. If you're planning on claiming the credit, know that the IRS will require documentation proving you purchased the home in the eligible period. Since this documentation will not be electronically submittable, you ...