The Ritter & Randolph, LLC Blog

Home Buying

Tax Credit Extended

Good news was announced last week for buyers under contracts entered before April 30, 2010. The home buyer tax credits of $8,000 for first-time home buyers and $6,500 for existing home owners that previously expired on June 30, 2010, have been extended.

Using a Land Installment Contract to Take Advantage of the New Homebuyer Tax Credit

For the prospective homebuyers out there who are unable to take advantage of the homebuyer tax credit because they cannot secure financing from a lender, there is a solution: the land contract.