Congress approved and the President signed it into law. The Home Buyer tax credit has now been extended for first time home buyers and expanded to include existing home owners who have lived 5 consecutive years of the last 8 in the home that they are selling. Once you sell it, you will then be eligible to receive up to $6,500 on the purchase of your new home. The credit is set to expire on April 30th, 2010. This means that you must have a home under contract for purchase by April 30th. You will then have until June 30th, 2010 to close on the home. This is a very exciting opportunity for those of you who have lost equity in your home and have not been able to sell without taking money to the closing table. Now you can get a $6,500 break! If you have any questions about this and need more information on the financial requirements and other stipulations to receive this tax credit, please send me a message or call me. I'd love to help you discover some options for your situation!
Steve Blair
Affiliate Broker / Realtor
SilverPointe Properties
7105 Crossroads Blvd. Ste. 102
Brentwood, TN 37027
Cell: 615-479-1639
Office: 615-377-6330
Email: steve@steveblair.net
Website: www.steveblair.net
Twitter: www.twitter.com/blairtweets
No comments:
Post a Comment