New Tax Credit Guidelines

 

TAX CREDIT Currently the government is offering a first time home buyers Tax credit of $8000k! To qualify you must be a first time home buyer-defined as anyone who has not owned a home in the last 3 years! The Senate has just voted to extent this program until April 2010. Repeat buyers who have had their homes 5 years would also get an incentive. Senators agreed on Wednesday to extend the tax credit for first-time buyers while offering a reduced credit of up to $6,500 to repeat buyers who have owned their current home for at least 5 years. The tax credit will be available to buyers who sign purchase agreements by the end of April 2010. They would have until the end of June 2010 to close on there new homes. To see if you qualify click here!

If you are interested in taking advantage of the current low interest rates and low prices Irvine or Newport Coast please contact Mary either by phone 949-275-6544..  Or visit my web site and browse the many listings available on my Interactive Map Search program. I look forward to hearing from you!

 

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