Featured listing
Awsome location! Includes coastal development permit and permit ready plans for 1580 sq ft 3 bed home. This property is 3 from the bay, new home would have views of bay on all floors. Dead end alley no thru cruisers. Best non bayfront location at the beach. Existing home is rented & useable, 1 1/2 bed 1 bath more likley a tear...
Featured listing
Older nice one bedroom, dishwasher, stove, fridge. One assigned parking, 2 blocks to ocean front. One block to shopping, resturants and bus stop. Tenant pays Electric, and cable. Prefer one year lease, security eqaul to 1 mnths...
| | |
| Thursday, November 12, 2009 Extension of Home Buyer Tax Credits!by Jeffrey Cairncross on Thu, Nov, 12, 2009 01:21 PM
As of November 6th, President Barak Obama has signed into law an extension and enhancement to the popular Homebuyer Tax Credit.
If you are a first time home buyer, that means you are eligible for an $8,000 tax credit on any home up to $800,000 in value!
The new legislation also included additional incentives. Current homeowners who are looking to move may be eligible for a $6,500 tax credit if they have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years.
This extension is only lasting until April 30th. If you have a signed and binding contract by that date, then you can take up to July 1st to finish closing and still receive the credit.
If you are interested in buying your first home, then don't wait! I can help you find the perfect home for your needs and budget!
Here is a link to a very useful chart outlining the new changes and eligibility requirements.
|
|