Are you a home owner without a home? Did you sell your home over three years ago and now are looking to invest into a home again? Well if this sounds like you then you should take the time to read more. If you act right now it could be your time to receive up to an $8,000 tax credit. This is good for first time home buyers or home buyers who have not owned a home in the last three years. If you already own a home and have lived in the home consecutively for the last five of the past eight years, you could receive up to a $6500.00 tax credit.
Now this does not sound bad to me to take advantage of this tax credit you must have a binding contract by April 30, 2010 and close by June 30, 2010. Income limits do apply, but have been raised to $125,000.00 for singles and $225,000.00 for married couples with a phase out of $20,000.00 credit for both. If you meet these requirements you should hurry. There have already been an estimated two million people who have received this home buyer tax credit. For more information take a look at the video then hurry and take advantage today.
Or click here to watch a short video about this home buyers tax credit.
My middle son, 27, is getting married May 7th. He and his fiancee bought their West Sacramento home a year ago and got their $8,000 tax credit in time to help with their wedding expenses. In the San Francisco area, most young couples can’t even dream of owning a home!