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For First Time Homebuyers AND the rest of us!

Hello all,

I wanted you to know, if you don't:

Last week President Obama signed into law an extension of the Homebuyer Tax Credit.This extended the deadlines and added a new $6,500 credit for people are not buying for the first time.

Several provisions in the bill became effective immediately:

1) Homebuyers who owned their primary residence for five out of the last eight years can claim the $6,500 tax credit for purchases made after November 6th.

2) The extended income limits in the bill are now applicable for both first-timehomebuyers and repeat homebuyers.

3) The extended income limit for couples filing jointly is now $225,000. The credit phased out over the next $20,000 in income.

If you, or someone you know, qualifies for this, please give them my name. These are extraordinary housing opportunities.

Best,

Shari Roberts-Osojnak, Associate Broker GRI, ABR, SHS, Short Sale & Foreclosure Resource REAL ESTATE ONE Chelsea * Dexter * Scio Township * Ann Arbor, MI

Posted Saturday Nov 14