Federal Tax Credit Extended - What You as a Buyer Need to Know - 02/10/10 12:40 PM

Via Debe Maxwell, Realtor® - Charlotte NC MLS - Charlotte NC Neighborhoods (Helen Adams Realty):
Federal Tax Credit Extended - What You as a Buyer Need to Know Tax Credits are available for both first time home buyers as well as those purchasing primary residences who have owned a home for 5 of the last 10 years. Condos, townhomes and single family homes apply and the maximum purchase price is $800,000.  Two income caps have been set:
If an individual makes $125,000 or higher, they will not be eligible. If a couple's joint income is $225,000 or higher, they will not be … (2 comments)

Tax Credit Bill Signed, Sealed and Delivered - 02/10/10 12:39 PM

Via Debe Maxwell, Realtor® - Charlotte NC MLS - Charlotte NC Neighborhoods (Helen Adams Realty):
Tax Credit Bill Signed, Sealed and Delivered On Friday, November 6, 2009, President Obama signed  a bill which will extend the $8000 tax credit for *qualifying first-time home buyers through June 2010.   First time home buyers will receive the $8,000 Federal tax credit if they:
1.  Sign a contract by April 30, 20102.  Close on the home by June 30, 2010.  
The new bill will also provide a $6,500 credit  for current  homeowners who purchase a new primary residence, and have lived in their current home for at least five of … (0 comments)

 

Bjoern Priske

Wellington, FL

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Residential Mortgage Acceptance Corporation

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