HAVE YOU HEARD ABOUT THE $6500 TAX CREDIT FOR EXISTING HOMEOWNERS?

The federal government’s Homebuyer Tax Credit now benefits not only first-time Buyers, but also offers a $6500 Tax Credit for Existing Homeowners who want to sell their current home and buy a new one.  Is it time to downsize? Up-size? Right-Size?

 

Call or email me to see if you qualify for this $6500 Tax Credit when you sell and buy before April 30, 2010.  A few qualification requirements include:

 

1.     Must have lived in your current home for 5 consecutive years

2.     Annual income of $125,000 or less for singles

3.     Annual income of $225,000 or less for marrieds filing jointly

4.     Must be Under Contract by 4-30-10 and Close by 6-30-10

 

The best time to put your home on the market will be February or March, 2010 in order to assure you are under contract to meet the deadline by 4-30-10.  Closing on a home typically takes 45 to 60 days in today’s market.  Must close by 6-30-10.

 

Lower interest rates, affordable prices and Homebuyers Tax Credits make the First 4 Months of 2010 the perfect Opportunity to own your Dream Home.  Call or email me and let’s get started.

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