Some can still qualify for a tax credit!!

The Tax Credit is Over Right?

The $8000 tax credit may still be available for you if you are a Veteran and you have served 90 days between 12-31-2008 and 5-1-2010. If that is you, then you can still utilize the tax credit. You must have a contract by 4-30-2011 and close by 6-30-2011.

If you live in the Tulsa, OK area and want more information on this tax credit extension for Veterans, contact Steve Currington of Currington Mortgage at 918-810-0092 or www.curringtonmortgage.com

To buy a home in the Tulsa, OK area to take advantage of the tax credit extension for Veterans, contact The Baskin Real Estate Specialists at 918-258-2600 or www.darrylbaskin.com

Home Buyer's Tax Credit

It's almost tax time again. With so many home buyers wanting to claim the tax credit this tax season, what papers are required? According to Realtor Magazine, the Internal Revenue Service is still requiring that taxpayers fill out Form 5405, however they have changed the requirements for the HUD-1 settlement document signatures. In areas, on the settlement statement, where it is uncommon for both the buyer and seller to sign, the IRS is not requiring both signatures as long as the document meets all local laws.

For repeat home buyers claiming the credit, proof must be given that they have lived in the previous home for 5 consecutive years out of the last 8 years.

If you live in the Tulsa, OK area, get more information on the home buyer tax credit and find out if you are eligible, contact Karen Heston of BOK Mortgage at 918-230-9432 or visit her website here.

To buy a home in the Tulsa, OK area before the tax credit expires, contact Darryl Baskin of McGraw Realtors at 918-258-2600 or www.darrylbaskin.com.