Home Buyer Tax Credit Extended- If you are going to purchase a home next year don't miss out on this opportunity.
The home buyer tax credit has been recently extended to April 30th, 2010. A purchase and sale must be signed by this date and completed by June 30, 2010. Some new provisions have been added repeat buyers can receive a tax credit of $6500 and income limits have been raised to $125,000 for single taxpayers $225,000 for married taxpayers filing a joint return
The National Association of Realtors has compiled great some great articles on the Extended Tax Credit.
The Basics: Extended Home Buyer Tax Credit
How to Get: Extended Home Buyer Tax Credit
2009 First-Time Home Buyer Tax Credit
How to Get: 2009 First-Time Home Buyer Tax Credit
Other reasons to buy in the beginning of 2010
Economic Recovery- Just turn on the news, the economy is recovering, maybe slowly but the turn around is here.
Pending Home Sales Index- Volume of home sales on the rise as indicate by the National Association of Realtors. A sharp month over month increase is being shown for several months.
Low Mortgage Rates- 30 year fixed rates hovering around 5%. Mortgage rates are still very low and very attractive.
There are many reasons to get off the fence and purchase a new home. Nows the time.
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This post was provided by Kevin Vitali of EXIT Group One Real Estate In Tewksbury MA. You can contact Kevin by email at kevin@kevinvitali.com or call 978-360-0422.
I pride myself in the quality of my work while helping buyers and sellers make dreams come true.
Real Estate Services in the northeast Massachusetts, around the Merrimack Valley, Southern New Hampshire including the towns of Andover, Billerica, Boxford, Chelmsford, Dracut, Georgetown, Groveland, Haverhill, Lawrence, Lowell, Merrimac, North Andover, Newbury, Newburyport, North Reading, Rowley, Tewksbury, Tyngsboro, Westford, Wilmington, West Newbury
