Tuesday, March 9, 2010

First Time Home Buyer Tax Credit

First Time Home Buyer Tax Credit

There's still time!!!

First Time Home Buyer Tax Credit has been extended for home buyers. Buyers must have a binding sales contract signed before April 30, 2010 and purchases completed by june 30, 1010 to qualify. This applies to buyers who have not owned a principal residence during the 3 years prior to purchase. Repeat or move-up buyers can receive up to $6,500 incentive to buy if they've lived in the same principal residence for 5 consecutive years during the 8 year period that ends when the home is purchased.

Contact me to get more info on the First Time Home Buyer Tax Credit

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