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HOMEBUYER TAX CREDIT EXTENDED AND EXPANDED
Thursday, November 12, 2009 - Written by Coldwell Banker DuFour Realty
HOMEBUYER TAX CREDIT EXTENDED AND EXPANDED
Effective November 7, 2009 - Extended to April 30, 2010
The first-time homebuyer will continue to receive a tax credit of up to $8,000 while existing homeowners will receive a reduced credit of up to $6,500.  Existing homeowners will be eligible for the $6,500 if they have lived in their residence for at least five years.  The bill increases the qualifying income limits to $125,000 single tax filers and $225,000 for joint tax filers.  The purchase price is capped at $800,000. 

Call a Coldwell Banker DuFour Realty Agent today for details (530) 895-2545.
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