Western Massachusetts Repeat Home Buyers:

If you are considering making a move to reap the reward of the $6,500 tax credit, working with me can raise your credit up to $7,100! The federal housing tax credit guidelines for existing home owners allows for up to $6,500 for buyers who are under contract to purchase by April 31, 2010 and who close on the property prior to July 1, 2010.

What is the definition of a move-up or repeat home buyer?

The law defines a tax credit qualified move-up home buyer (“long-time resident”) as a person who has owned and resided in the same home for at least five consecutive years of the eight years prior to the purchase date. For married taxpayers, the law tests the homeownership history of both the home buyer and his/her spouse. That is, both spouses must qualify as long-time residents, with at least five years of principal residency for each. Repeat home buyers do not have to purchase a home that is more expensive than their previous home to qualify for the tax credit.

Make your move with me and I can add $600 to the overall credit!

The Park Square Realty Corporate Advantage Program is a one stop shopping system with the extra advantage of a credit at closing...win-win! You will get: A personal home buying consultant. Realtor/real estate agent Lesley Lambert A personal home mortgage consultant ... our in-house Wells Fargo representative A personal attorney chosen from our list of partners A credit at closing! Whether you are a home buyer who is moving up or moving down, these credits are available to you through April 30, 2010. Don't lose out on this opportunity....the clock is running down! Western Massachusetts home buyers, contact Lesley Lambert at Park Square Realty in Westfield, MA