Home Buyer Credit
November 6, 2009
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, MD, McLean, Potomac, Property Management, Real Estate, VA. .
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Ivan | November 10, 2009 at 2:27 pm
Thanks for your help, Katja.