Sentences with phrase «federal homebuyer»

RISMEDIA, December 17, 2009 — Coldwell Banker Real Estate LLC announced the findings from a new survey that looked at how the recently expanded federal homebuyer tax credit, which opened up the credit to existing homeowners, might impact the economy.

The federal Homebuyers Tax Credit (up to $ 8,000 for first - time home buyers and $ 6,500 for repeat home buyers) has been extended to provide buyers who had binding sales contracts in place by April 30, 2010 with additional time.

Many families are taking advantage of the federal homebuyer tax credit to buy a new home so this is a great time for Fannie Mae to offer some additional help,» Terry Edwards, Executive Vice President of Credit Portfolio Management, said in a statement.

In the spring, we waited to see how the end of the federal homebuyer tax credit would impact sales.

In fact, the last time numbers were even close to this was in April 2010 when the federal homebuyer tax credit was set to expire.

The market share of FHA - backed loans was higher during the 2009 - 2010 period due to the federal homebuyer tax credit.