Click here for a chart comparing the old and new credit!
Great news for home buyers in the Greater Cincinnati Ohio area. The tax credit has been expanded with some new and exciting changes. Now buyers can still continue to purchase homes with confidence that they will be able to still get the tax credit after November 30th. As long as they have a binding contract in effect by April 30, 2010 and close the deal by June 30th, 2010.
Congress voted yesterday to extend and expand the program. The house vote was 403-12 in favor of the bill. The Senate approved the vote on Wednesday night in a vote 98-0. Now the President must finalize the bill with his signature this weekend.
There are some income restrictions and other rules so make sure to visit our link above and read the details. You can also call us to get an explanation. These credits only apply to single family home purchases.
In the meantime, refer to this NAR-provided link for more information.
If you have any direct needs or questions, please don't hesitate to call me directly at 513-478-3794. I can also refer you to a lender to get a great interest rate on your home.
Have a great day!
Derek Tye
Derek Tye has been an influential Realtor in the Greater Cincinnati Ohio Market for 5 years. For more information about our Greater Cincinnati Ohio Real Estate services we offer please call us at 513-732-2720 or visit our website at www.CincyOhioHomes.com . Don't miss our Testimonials!
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