Home Buyer Tax Credit Deadline April 30, 2010

Thinking about selling your property or buying a new home? Don't wait! Now is the perfect time to make your move. The Homebuyer Tax Credit benefits both first-time buyers and existing homeowners:

  • First-time homebuyers or anyone who hasn't owned a home in the last three years are eligible for a tax credit for up to $8,000.*
  • Existing homebuyers who have used their home as a principal residence consecutively for 5 of the previous 8 years are eligible for a tax credit of up to $6,500.*
  • To qualify, first time and existing homebuyers have to sign a purchase agreement by
    April 30, 2010 and close by June 30.
  • It's the ideal time to buy. Mortgage rates are low. Inventory is up. And, the tax credit is still available.

Posted by North Shore Homes at 3/18/2010 7:55 PM
Categories: Real Estate Tax Info, Buying a Home, Chicago North Shore Home Prices, Real Estate, Tax Benefits
Tags: Home Buying Real Estate Tax Credits Buying a Home Chicago Home Prices Chicago North Shore Real Estate
 

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