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PR Log - Global Press Release Distribution
First Time Homeowners Tax Credit is Extended Until April 2010
By Mike Garcia
Dated: Dec 17, 2009
Great news is on the horizon for first time homebuyers. On November 6, 2009, the government initiated a
law that extends the first time homebuyer credit for an additional five months.
This law is not just for Texas mortgage owners but anyone in the entire nation seeking a new mortgage.
As consumers, anytime we can grab an additional tax credit, it is great news. An extension that allows us
more time is even better. While the maximum credit amount is anchored at $8,000, there is an additional
“long-time resident” credit of up to $6,500 for those who do not fall into the first time homebuyer category.
Are You Able to Benefit from this Law?
While this tax extension is great news for some, for others it may not be. For those experiencing rejection
for mortgage loans due to bad credit, this news doesn’t mean much. That’s where we come in. Visit us at
http://www.turnkeycreditsolutions.com/
Our specialty is credit repair for Texas based clients, but we do work with clients all across the nation. We
improve credit scores on a daily basis, especially in regard to mortgage loans. The foundation of our
company is built on improving credit scores for those seeking mortgage loans.
While this new law differentiates between those purchasing before or after November 6, 2009, in regard to
modified adjusted gross incomes (MAGI), in both regards those with income over a certain tier do not
qualify. Nor does this credit apply to any home being purchased at $800,000 or more. Most of us don’t
need to worry about that.
However, if you are wishing to take advantage of this tax credit extension for first time homebuyers, but
have some challenges with your credit score, we can help. We can not only enact credit repair to get your
credit file where it needs to be in order to get a decent interest rate, but we may be able to get your credit
file completely reworked in as little as two weeks.
Rapid Rescore for Texas
Through Rapid Rescore, a program catered for mortgage loans, we can work your credit file at lightning
speed. Not everyone qualifies for the Rapid Rescore program, but if you do it can be a great advantage for
you.
For more information on the new first time homebuyers tax extension law, why not go straight to the
source? Read the full scoop here: http://www.irs.gov/newsroom/article/0,,id=215791,00.html
For more information on credit repair and Rapid Rescore, please visit us at http://
www.turnkeycreditsolutions.com/
.
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PR Log - Global Press Release Distribution
Turn-Key Credit Solutions LLC. is a registered and bonded Credit Service Organization (CSO) and the
premier provider for consumers in need of credit repair, mortgage loans and other financial related issues
for Texas and most of the United States. Mike Garcia, President and CEO, instructs a three hour Mandatory
Continuing Education (MCE) course to mortgage realtors titled “Below the Numbers.” All consultants and
research staff are certified under the Fair Credit Reporting Act (FCRA). Turn-Key Credit Solutions LLC. is
a proud member of the Texas Association of Mortgage Brokers and has over fifteen years of combined
experience with offices in Austin, Houston, San Antonio, Corpus Christi and Browsville. For more
information, please visit: http://www.turnkeycreditsolutions.com
Category Mortgage, Finance, Real estate
Tags first time homeowners tax credit, texas mortgages, credit repair texas, mortgage loans texas
Email Click to email author
Phone 512-268-6020
Fax 512-268-6026
Address 400 S. Old Hwy 81, Ste A
City/Town Austin
State/Province Texas
Zip 78640
Country United States
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