Home Buyer Credit

November 6, 2009 at 4:04 pm 1 comment

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President Obama signed the new tax credit into extension today. A few key changes:

1) DATES: extended through contracts ratified April 30, 2010, and CLOSE June 30, 2010;
2) First time homebuyers: $8000 or 10% of sales price, (whichever is less);
3) Existing home owners: $6500
4) INCOME: single: up to $125,000 to max of $145,000; joint: $225,000 with max to $245,000
5) SALES prices capped at $800,000

GOOD LUCK!! I am here to assist!

Katja Hom

Entry filed under: Arlington, Great Falls, McLean, MD, Potomac, Property Management, Real Estate, VA. Tags: .

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1 Comment Add your own

  • 1. Ivan  |  November 10, 2009 at 2:27 pm

    Thanks for your help, Katja.

    Reply

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