As speculated, discussed, and essentially predetermined, Congress has called for an extension of the "First Time Home Buyer" Tax Credit, that was set to originally expire at the end of this coming November. Under the extension, said Buyers will have until the end of April to sign sales agreements and would have until the end of June to close on their new homes. While this news is refreshing, it is still early. Many speculate that the Tax Credit should be extended even further, and should include a significant increase the credit amount. Proponents argue that this would not only directly stimulate sales, but also directly impact every day people...unlike the other stimulus funds that were never seen and/or felt by the average U.S. Citizen. Again, while this is relatively fresh news, more details are not yet available, but please stay tuned for regular updates on the Boston Residential Real Estate Law Blog.Also, for more information please feel free to browse www.lisslawboston.com
Avi Liss
Liss Law, LLC
info@lisslawboston.com
A title search, or a property title search, is a process that involves reviewing files from the county records department to see a particular property title’s ownership history. The purpose of a title search is to confirm that the seller is the actual legal owner of the property being sold.
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