Home Buyer Tax Credit has not only been extended, but it has also been expanded to include current homeowners. The following are features of the new bill:
Deadline for new and improved credit is April 30, 2010, as long as the home is under contract by that date; deal must close within 60 days.
Eligibility and amount of new credit:
$8,000 for first-time home buyers (those who have not owned a home in the last three years).
Up to $6,500 credit for homeowners who have lived in the home they are selling, or have sold, as a principal residence for five consecutive years in the past eight.
Buyers with income exceeding $125,000 for single and $225,000 for married couples are not eligible.
Homes valued at more than $800,000 are also ineligible.
Thursday, November 5, 2009
Home Buyer Tax Credit Extended!
Subscribe to:
Post Comments (Atom)
2 comments:
As it is the ROI is reaching more than 5% everyday. Considering the current economic upgradations in almost all nations across the world, do you think that forex investments are going to reap the best results?
[url=http://forexrobot-review.info]best forex software[/url] [url=http://www.sullae.com/bbs//zboard.php?id=notice&page=1&page_num=20&select_arrange=headnum&desc=&sn=off&ss=on&sc=on&keyword=&no=56&category=]unlock iphone[/url]
[url=http://dcxvssh.com]feEisQcNSdK[/url] - KCjwel - http://yuxeflk.com
Post a Comment