The Home Buyers Tax Credit ended today - April 30th, 2010. If you wrote a qualifying offer to purchase by this deadline, you have until June 30, 2010 to close and take advantage of the Tax Credit.
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Only a matter of days left
to qualify for the Expanded
Home Buyer Tax Credit!
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Breaking News:
EXPANDED Home Buyer Tax Credit!
(Must have an "accepted offer" by April 30, 2010 and "close" by July 1, 2010)
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, 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 a $6,500 Tax Credit to Current Homeowners purchasing a new or existing home between November 7, 2009 and April 30, 2010.
Who Qualifies for the Extended Credit? - First-time home buyers who purchase homes between November 7, 2009 and April 30, 2010.
- Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.
Click here for more detailed information about the Extended Home Buyer Tax Credit or contact one of our knowledgeable Gerrard-Hoeschler REALTORS® today!
Wisconsin Realtors Association - www.WisconsinHomebuyer.org
Source: National Association of Realtors
Posted 11/06/09
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SAVE NOW with the HOMEBUYERS Tax Credit
