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Homebuyer Tax Credit Changes 2009-2010 - Ashland and Medford Homes Sales Info

By
Real Estate Agent with RE/MAX Platinum Medford 941000194

Home sales in Ashland and Medford area should remain steady now that Congress has passed new legislation that:

Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.

Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.  This is for home purchases up to $800,000.

If you have specific questions or need additional information, please contact a tax professional or the Internal Revenue Service at 800-829-1040.

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Comments (1)

Karen Cooper
Karen Cooper | Sr Mortgage Loan Originator ! NMLS # 223305 | First Federal Bank of Florida, Ocala, FL - The Villages, FL
Helping Homeowners w/Home Loans in 27 US States

Krista Bolf, Ashland Homes & Real Estate Medford Homes & Real Estate for Sale - That is indeed good news for the buyers who needed that extra time to take the plunge. Many have thought they may miss the boat, and just received extra time. Now, moveup buyers will benefit, too!

Nov 10, 2009 03:09 AM