Did you really, seriously, honestly think that the tax credit would be extended again? What planet were you living on when you thought that would happen? Our government has no money! We are seriously in debt! Where would the money come from to keep handing it out?
Plus, and here's the huge PLUS, if it was extended this time, what would make buyers think they had to rush to buy something when they would continue to think the tax credit would be extended time and time again. Deadlines are given for a reason, and that reason is to light a fire under the American people to get off the fence and buy houses, and invest their money in real estate.
Extending and extending this tax credit only keeps people on the fence with no urgency to do much of anything.
If you think there will be a last-minute extension, think again. It's April 14, 2010 and you have 16 days to execute a contract, unless you're in the military, in which you have another year.
Get out there and buy a house!!
**Are You Packed Yet?**
Austin TX Real Estate and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way.
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Copyright© 2010 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* First Time Home Buyer Tax Credit - It Won't be Extended - Buy a House! * was first published on donnahomesblog.com