Just as I predicted back on Oct. 8, 2009, the The American Recovery and Reinvestment Act of 2009 - or the $8,000 1st time home buyer tax credit has just been extended. All of you first time home buyers out there have more time to purchase a home with the help of our federal government. There are some other changes that might apply to you as well - including the maximum allowable income for individuals and couples. There is also a new feature allowing up to a $6,500 tax credit for homeowners who have lived in there home consecutively for at least five out of the past eight years. Call me for the specifics. OR learn more about the revised $8,000 Home Tax Credit Rules by watching this video.
One other point you might want to consider is that November and December are traditionally the slowest months for home sales in the Metro Denver area. Sellers who have their home listed during these two months are generally quite serious and motivated to have their home sell. That means it is an excellent time for you to maximize your purchasing power. Consider using the skills of a proven Realtor to negotiate the purchase of your next home to insure you get the very lowest price possible.
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1 comments:
It's a good news. First-time homebuyers have been getting tax credits of up to $8,000.
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