Other Homeowners are now also eligible for the Tax Credit to purchase a new home!
That's right - with the signing of the Extension of the Tax Credit and it's expansion, a current home owner, which by definition is someone who has used their home sold or being sold as a principal residence consecutively for 5 of the previous 8 years, is eligible.
You will need to find a home that you would like to purchase and be in a written binding contract for that home on or by April 30, 2010 and the purchase must close by July 1, 2010 in order to be eligible.
Now how cool is that?
How much is the tax credit? $6500.00 unless you are married filing separately which it would be $3250 each. Remember, this is if you are not a First Time Home Buyer but qualify as a a current home owner.
If you are a First Time Home Buyer, definition being you have not had an interest in a principal residence for 3 years prior to your purchase, the tax credit remains $8000 ($4000 each if married filing separately).
There are some fantastic homes out there for sale with fantastic prices! Don't miss the boat (or the credit) - LET'S GO SHOPPING for your new home!
Valerie
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If you would like more information regarding the homes for sale in Belfair or surrounding area, drop me a line, or give me a call. I would love to help you achieve your real estate goals. Remember real estate is LOCAL.
I also offer a FREE comparative market analysis for sellers tailored specifically for your home or property. If you would like more information on selling your home in this market, please give me a call, drop me a line, or stop on in! I believe in building relationships for life... YOUR SUCCESS IS MY SUCCESS!
We believe homes are where memories are made and living takes place!
~~Valerie~~
Associate Broker
Windermere Peninsula Properties : My Belfair WA Real Estate Blog : www.BelfairWARealEstate.com
My Website : www.valspaulding.mywindermere.com Email : vlsallyn@windermere.com
Direct Cell : 360-710-5622 Fax # 360-277-5006
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