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First-time Homebuyers Social - Free! Warm Your Winter with the Expanded Home Buyer Tax Credit
On November 9, 2009, President Barack Obama approved the first-time homebuyer tax credit extension which will extend the tax credit until April 30, 2010. As part of a $24 billion economic stimulus bill, first-time home buyers can take advantage of a $8,000 home buyer tax credit for a limited time. The program also offers a credit of $6,500 to homeowners who have lived in their current home for at least five years and are seeking to relocate. Who is Eligible?
The home buyer must occupy the new home for three years or more. If the property is sold during the first three years, the full amount of the credit will be recouped on the sale. Additional details regarding this credit may be obtained To learn more about this exciting opportunity, stop in or call 612-321-4885 today. We want to help make your dream of home ownership a reality! |
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