This alert with a change, just came in. Please read.
Homebuyer Tax Credit Clarification
The RealEstateEconomyWatch.com article the GMAR sent out this morning, titled "How the New Homebuyers Tax Credit Works" by Steve Cook, contained an error that has caused some confusion among members.
The article incorrectly states that, "Existing homeowners who are also in the process of buying a home should consider delaying closing until December 1 or later to qualify for the credit."
According to NARs FAQ we sent out last night both tax credits will be effective as soon as President Obama signs the bill. And, according to ABC News, the President did sign the bill this morning. See more at ABC News
Posted are NARs fliers on the Tax Credit:
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