Will Tax Credit Be Extended?

I just read an email from Remax. The information was about extending the tax credit. As many of you who are considering buying Laurel real estate know, the tax credit ends at the end of November.

There is currently a big rush of buyers trying to purchase a home before the end of November. Most buyers who call me are well aware of the dead lines.

In addition, there are several other programs in Maryland that can be used with the $8000 tax credit. The Down Payment On Your Dreamprogram in Prince Georges County Maryland. In Anne Arundel County, there is the Mortgage Assistance Program. Both of these programs offer buyers up to $20,000 in additional funds to buy a home.

Even better, according to the email, each tax credit purchase pumps about $60,000 into the local econmy.

If you want to get involved contact Senator Ben Cardin's office.