Senate passes & extends the home buyers credits!

By
Managing Real Estate Broker with John L. Scott, WDV

Highlights:

• $8,000 for first-timers signing contracts through April 30, 2010 and closing by June 30, 2010.

• $6,500 for repeat buyers who have "lived in their current residence for five consecutive years out of the last eight

Individual tax filers making no more than $125,000 and joint filers making no more than $225,000 could take the full credit, a significant increase of the income cap. The credit would decrease in value for people making more than those amounts.

• If the home you're buying is priced over $800,000 sorry, you won't qualify!

If you're a first-timer hoping to take advantage of the higher income limits, keep in mind that the same timeline applies.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tshirt to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Home Buying
Location:
Washington
Tags:
1st time buyers tax credit
extended
home owners
home buyers
fist time home buyer tax credit 8000

Comments 0 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the car to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the robot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
12,072

Susan Waiste

Managing Broker
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the airplane to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

var sc_project=3434393; var sc_invisible=1; var sc_partition=38; var sc_security="142573b6";