House Votes to Extend $8000 Tax Credit for Active Duty Military Purchasing Real Estate
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The House of Representatives voted to extend the $8,000 first-time home buyer tax credit to active military personnel, Foreign Service, and intelligence officers.
This extension for this specific group is until November 30th, 2010. The Senate is expected to pass the bill with no issue.
Rep. Charles Rangel (D-NY) introduced the bill as there was concern that active duty military personnel serving oversees were not able to take advantage of the tax credit.
If qualifications are attained, the extension applies to those military personnel who spent at least 90 days of 2009 oversees.
Similar, it does not require borrowers to payback the tax credit if they are deployed after receiving it.
The current tax credit requires borrower's payback the tax credit if they do not occupy the home within three years of receiving the tax credit.
The jury is out on whether the $8,000 tax credit will be extended for all eligible borrowers. The housing surplus still exists and more credits are likely.
If you are in need of help finding yourDream Home Please call Susan Jean Horne P.A./Remax Service561-375-8541. Vist My Web Page http://www.susanhorne.com

Just got back from my first Cruise, the best part swimming with Dolphins in Mexico, I lucked out and got a whole hour to myself, what a wonderful experience wish I could do it every day all day!! I needed a vacation been very busy with work, and hope to do this again. Susan Jean Horne/Remax Services 561-375-8541 www.susanhorne.com Serving South Palm Beach. Boynton Beach,Delray Beach,Boca Raton Florida
Imagine that from start to finish ( Susan Jean Horne P.A. with Remax Services) just got a Short sale approved in 5 days for a Listing of mine in Verciy Heights, and closed it in 30 Days My secret we have in my office a ShortSale Department, and when I had first contact with the seller, I provided him with a packet to get all his documents in order I had a qualified buyer the second day, and we closed. Everyone was so happy, including me. The lender was a Local Bank so they had there procedure in order, If only all the other lenders could follow there example, are economy would be doing so much better.
There is Help for distressed homeowners to avoid foreclosure and mitigate its associated negative credit impact. Remax Services Provides an array of loss mitigation solutions and services including short sale negotiation. If for whatever reason you are currently behind on your mortgage payments - or foresee that you will soon be unable to continue making your payments - take heart: you do have options.
What is a Short Sale?
Also known as a real estate short pay-off or a pre-foreclosure workout, a short sale is an agreement with a lender to accept less than the amount owed by a borrower via a sale of the property to a third party. With this agreement, the lender releases the borrower from the mortgage, thereby preventing foreclosure. I am a expert at short sales and we have a short sale department to help make this process work the best for you. Please Call for a free consultation and home evaluation. (561) 375-8541
July 29, 2009
Susan Jean Horne P.A.
Remax/Services 6070 N Federal Hwy Boca Raton, Florida 33487
Dear Susan,
I just wanted to thank you for working so hard to get a very difficult transaction
accomplished.
Your tenacity and perseverance were a sight to behold. Your ability to get the job done
regardless of the obstacles is your #1 asset. You showed those same traits when you were
able to sell an! other home I owred in 30 days. That was after another realtor even
get an offer in 6+ months.
Anyway I just wanted to write this note of thanks for saving me so much grief
Thanks,
Edward Murphy
20 Colonial Club Dr #202
Boynton Beach Fl 33435
Click here for video on First Time Home Buyer Credit
First-time Homebuyer Tax Credit Information
In February, the economic stimulus package known as the "American Recovery and Reinvestment Act of 2009" was signed into law by President Obama. The Act includes provisions intended to revitalize the housing market, while the U.S. Treasury Department's plan to help mitigate foreclosures and encourage new lending also targets a housing recovery. With the information available here, Florida Realtors® have the tools they need to help potential homebuyers and sellers benefit from these new programs.
Now is a great time to buy If you need a experience agent please contact Susan Jean Horne P.A./Remax Services, Serving South Palm Beach, Boynton Beach, Delray Beach, Boca Raton Florida.
Please visit my Web Pages http://www.susanhorne.com and http://www.colonialclubboyntonbeach.com

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