We have heard it all be for put this time its true. The Home Buyer Tax Credit is a government incentive program that well pays you to buy a home. Whether you are a first time home buyer or you have a home owned for at least the last 5 years and plan to buy a new home to live in you will qualify to get $6500. in tax credit even if you do not sell your present home.
So if you ever thought of having a winter home out of the cold now is the time to do it. Prices and interest are low and inventory is high, this is what anyone would call a buyers market.
There are limitations though; the buyer must have signed a binding contract by April 30, 2010 and close on the home by June 30, 2010. Tax credit eligibility is subject to income limits, $125,000 for single buyers and $225,000 for couples. In addition, the sale price of the home being purchased can not exceed $800,000.
Time is running out, if you have been waiting for prices to go down more you are going to miss to boat nothing this good lasts long, so have a talk with your tax man and a good Realtor today...
To see more about this property and others in the valley go to our website
http://www.cathywilder.com/Marinette_Center/page_2283410.html
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