Friday, December 11, 2009

New Info on Buyer's Tax Credit!

Many first-time home buyers that took advantage of the $8000 tax credit a year ago are still waiting for their refund. Most of these buyers amended their 2008 tax returns. The IRS says that all amended returns are reviewed by hand, therefore it is taking longer than normal.

The IRS has also clarified the guidelines for co-borrowers seeking the tax credit. For more information about taking advantage of the buyer's tax credit in the Tulsa, OK. area, contact Karen Heston, BOK Mortgage at 918-488-7140 or kheston@bokf.com.

To buy or sell property in the Tulsa, OK. area contact The Baskin Real Estate Specialists at 918-258-2600 or www.darrylbaskin.com.