Tax Credit

The final days of the tax Credit are soon approaching. If you are near a decision it would be best to make it quickly as you have until April 30th of this year to put a property under deposit to qualify for the credit, be it a first time home or a move up sale. The credit for first time home buyers (anyone that has not owned a home for more than 2 years or has never owned a home) $8,000, is available as is the the $6500 credit for those who have resided in their current properties for more than 2 years and are selling this to purchase a different home.

so beware the dates: must be under agreement (contract, pending) by April 30th 2010 and must close by June 30th 2010.

good luck and keep these dates in mind!

Posted in Pleasant Valley News.