Homebuyer money runs out soon! - WALB.com, Albany News, Weather, Sports

Homebuyer money runs out soon!

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By Karen Cohilas - bio | email

ALBANY, GA (WALB) –  If you're in the market for a new home and hoping to cash in on the homebuyer tax credit, time is running out.

The deadline to be under contract to get up to $8,000 cash back ends this Friday.

Builder Jack Daniel Garrett says the tax credit has done a tremendous job helping him sell houses.

He says the money is an added boost for new homeowners or people who haven't bought a new house in quite a while. 

"It's great.  It's a way the administration is trying to help families get in houses and it's helped to get the home building industry back on course," said Garrett.

The homebuyer tax credit program ends Friday.

You must be under contract by that time in order to qualify for the credit.

 

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