Hopefull voted on soon the Tax Credit for First Time Home Buyers will be extended and expanded.  This is the latest.

- Tax Credit would remain $8,000 for firs-time home buyers and extended from December 1, 2009 to April 30, 2010.

- Allow move-up buyer $6,500 tax credit and would be eligible if they have lived in their home as a primary residence for 5 years or more.

- Tax credit would end April 30, 2010 but would allow any buyer that had a binding contract to qualify for the credit so long as they complete the transaction within 60 days.

- Income limits will be raised for both move-up and first time home buyers to $125,000 single filer and $225,000 joint return.

- Purchase price of the home not to exceed $800,000 to be eligible for the tax credit.

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I recently requested an upgrade to provide, what I think, is a valuable tool for buyers looking for a good deal on a home. 

Sometime late October there will be a dedicated page to search Foreclosure Property in the Albuquerque, Rio Rancho and surrounding area.  This includes Los Lunas, Belen, East Mountains, Placitas, Bernalillo etc.

I felt the general public was not able to accurately get a foreclosure list.  Most of the time if someone had a list it was already 6 months old and all that inventory had been sold. 

Congratulations to anyone who is registered with my site...You will soon have access to all the listed Foreclosure Properties in the area.  As an added benefit I included Pre-Foreclosure also known as Short Sales. 

Short Sales represent a…

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