"Home Buyers Rush to Take Advantage of Tax Credit Before It's Gone" from Ris Media
Monday, February 15, 2010
Liv Mansfield is racing the clock, hoping to find and settle, or at least sign a purchase agreement, on a townhouse before the $6,500 tax credit for qualified repeat home buyers expires April 30, 2010. While the credit is not as important as staying in the Wallingford school district, where her younger daughter will enter sixth grade next fall, Mansfield says it will help make expenses associated with the move 'a wash.' "It will help with moving costs, and with getting this house ready for sale," said Mansfield, who has lived in the five-bedroom split-level Colonial she bought with her former husband nine years ago.