Get Your Real Estate Tax Benefit NOW

I know many of you may have heard about the 8000 dollar tax credit that was being offered to first time homeowners. What you may not have heard is that the tax credit has been extended. This great Real Estate Tax Benefit has been extended until April 30, 2010. You have to have a binding agreement in place by April and then have closing completed by June 30, 2010.

I was watching a clip on the Coldwell Banker website that was really informative on the topic. What really caught my attention was the fact that there is a credit available for CURRENT home owners as well. People who have lived in their current residence for 5 of the last 8 years can get up to a 6500 dollar tax credit.

It is nice to know that there is a benefit out there for current homeowners and first time homeowners. If you want to check out that video I watched I added it to this post, if it does not work for any reason you can go to the Coldwell Banker website.

Are you thinking of taking advantage of one of the programs? What do you think of the different stimulus ideas? Are any of them helping you or someone you know personally? I would love to hear some positive stories of people that are getting a benefit from the stimulus plans.

I think helping with the housing situation is the best way to help us all out of this mess...what do you think?