Tax Credit Extension Presentation

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

Shared by: DeVonne Batts
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878
posted:
11/8/2009
language:
English
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6
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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