Taking Advantage Of The Real Estate Stimulus Is As Easy As Making Money Online
Have you been thinking of buying your first home? Maybe you are just ready for a new home? If you have an income level of less than $125,000 for singles or $225,000 for married couples you may qualify for the real estate stimulus . This is a fantastic opportunity for first time homebuyers. From now until April 30, 2010, first time homebuyers can receive a federal income tax credit of p to $8,000 if they purchase a home. Now is the time so don’t wait to act. There will be no extensions on this tax credit. The federal income tax credit for homebuyers also includes homeowners who wish to “move on” after 5 years of living in there current property can receive up to a $6,500 tax credit. All you have to do is have a written and binding contract before April 30, 2010 and close by June 30, 2010 you could take advantage of this fantastic tax credit. This is an opportunity you aren’t likely to see again in your lifetime. There are some other restrictions so talk to your tax professional or contact your local Coldwell Banker professional. Act now and don’t let this home buying tax credit pass you by.
