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!
Ralph Gorgoglione
John Aaroe Group, Inc.
(800) 591-6121
ralph@laagent.biz
Ralph...Buyers indeed have to get going to take advantage of these tax credits!
It will be here sooner than we think uh. I wonder if they will extend it or come up with one better.