Recent Blog Posts by Suzanne Dingley

Just 6 Weeks Left To Claim The Homebuyer Tax Credit

The deadline for purchasing a home in order to qualify for the extended and expanded Home Buyer Tax Credit program is fast approaching. Homebuyers must be under contract to purchase a home no later than April 30, 2010; the home must close no later than June 30, 2010.  “Move up” buyers (those who own a home and have lived in it for 5 of the last 8 years) may be eligible to receive a ...

IRS Form 5405 Needed To Claim Homebuyer Credit

The Internal Revenue Service has released a new form that eligible homebuyers must file in order to claim the first-time homebuyer credit this tax season. The new form and instructions follow the extension and expansion of the homebuyer tax credit in November. In addition, there are now documentation requirements to deter fraud and ensure taxpayers properly claim the credit. With the release of ...

Breaking News on the Homebuyer Tax Credit

The Internal Revenue Service has released a new form that eligible homebuyers must file in order to claim the first-time homebuyer credit this tax season. The new form and instructions follow the extension and expansion of the homebuyer tax credit in November. In addition, there are now documentation requirements to deter fraud and ensure taxpayers properly claim the credit. With the release of ...

EXPANSION OF THE HOME BUYER TAX CREDIT

The President has extended the $8,000 First Time Home Buyer Tax Credit and now expanded it to include a $6,500 tax credit for Move Up Buyers has caught the attention of many.   Click this video for some of the pertinent details of the tax credit:

HOW'S THE MARKET?

One question Realtors are frequently asked is, "How's the market?”  Below is an overview of the market in the Capital Region of New York. It considers the third quarter of 2008, wrought with the meltdown of the financial markets, compared with the same period in 2009.  The statistics bear out that the number of pending units has increased substantially - 8.25% in the 4-County ...

Have you heard?

Have you heard about the home buyer tax credit available for first time home buyers, and the tax credit available for move-up buyers? The tax credit of up to $8,000 for first time homebuyers has been extended through April 30, 2010. And now the new expanded program means that current homeowners who have lived in their home for five or more years may be eligible for a tax credit up to $6,500 when ...