May 1, 2017

Has help really arrived for 1st time home buyers?

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You may have heard that on Wednesday, July 30, President Bush signed the recently-passed housing legislation (H.R. 3221) into law.   The new first-time homebuyer tax credit went into effect immediately upon the President’s signature.  What is all means to consumers is still being questioned. Some are hoping the credit will convert  ”Just looking, thanks” home browsers into purchasers.  But no one is really sure at this moment. Here are some items we do know: 1) The legislation has … [Read more...]