The April 30, 2010 deadline is almost here. This will be your final opportunity to take advantage of the Federal Homebuyer Tax Credit.
- First-time buyers can qualify for an $8,000 tax credit!
- Move-up buyers can qualify for a $6,500 tax credit as long as you have lived in your home for five consecutive years out of the past eight years
- Income limits have increased to $125,000 per individual and $225,000 per married couple
- Buyers must enter into contracts written on or before April 30, 2010 and will have until June 30, 2010 to close escrow
Any questions, give me a call!
John Aaroe Group, Inc.