Tax Credit Extension Presentation

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Presenting the Facts About the Tax Credit Extension for First Time Homebuyers and Sellers

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Shared by: DeVonne Batts
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Prince George’s County Real Estate News Tax Credit Update Presented by De’Vonne Batts, MBA, Realtor® www.LiveInPrinceGeorgesCounty.com (240) 737-2802 Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 ~ Upper Marlboro, MD 20774 ~ Office: (240) 737-5000 Each office is independently owned & operated. An Equal Housing Opportunity Broker. If your house is currently listed, this is not intended as a solicitation. This flyer is intended for informational purposes only. Get the Facts Tax Credit Update When Does the Tax Credit Expire? The Tax Credit has been extended through April 30, 2010 Who is Eligible for the Tax Credit? First Time Homebuyers and Home Sellers are now eligible for the Tax Credit. Get the Facts Tax Credit Update First Time Homebuyers $8,000 Tax Credit You qualify as a First Time Homebuyer if you have not owned a principal residence for 3 years prior to purchasing a home. Sellers $6,500 Tax Credit Home Sellers must have used the primary residence sold or being sold consecutively for 5 of the previous 8 years. Get the Facts Tax Credit Update What is the Deadline for Purchasing A Home? You must have a contract written to purchase in effect by April 30, 2010. The purchaser will have until July 1, 2010 to close on the home. Get the Facts Tax Credit Update What are the New Income Limits? The new income limits are $125,000 for single individuals and $225,000 for married couples. Is There Any Limit to the Cost of the Purchased Home? Yes, the maximum amount for the home purchased is $800,000. Tax Credit Update What’s Next? Thinking About Buying A Home? Ready to Sell A Home & Buy Another? Don’t Miss The Tax Credit Deadline April 30 is just around the corner! Call De’Vonne Batts, MBA, Realtor® (240) 737-2802 To buy or sell your home today. Keller Williams Preferred Properties 9701 Apollo Drive, Suite 102 ~ Upper Marlboro, MD 20774 ~ Office: (240) 737-5000 Each office is independently owned & operated. An Equal Housing Opportunity Broker. If your house is currently listed, this is not intended as a solicitation. This flyer is intended for informational purposes only.

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