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2009 Home Buyer's Tax Credit Extended to April
2010.
No REPAYMENT Back to Uncle Sam.
You Don't Need to be a First Time Buyer!
Here Are The
Program Highlights:
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FOR HOME PURCHASES BEFORE APRIL 30, 2010 PROPERTY MUST BE YOUR PRIMARY
RESIDENCE. YOU MUST HAVE A SIGNED AGREEMENT BY APRIL 30, 2010.
- First Time home buyer's (you may not have owned a principal
residence in 3 years previous to purchase) tax credit is the lesser of 10 percent of the cost of your
home or $8,000. Single family, Condo's, Co-ops, Townhouses, etc, all qualify.
- Existing Homeowners (those who have owned a primary residence for 5 of the last
8 years) will receive the lesser of $6,500 or 10% of purchase price.
- Higher
Income Limits of $145,000 single, $225,000 Married & filing Jointly. The credit is reduced after
income levels of $125,000 & $245,000 respectively.
- The program ends July 1st, 2010. You MUST close on the property by
July 1st, 2010 to qualify.
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Click here to download the NAR's Frequently Asked Questions.
- Go to the list of CutTheCommission.com Homes For
Sale by Owner.
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Copyright 2010 For
Sale By Owner Connection, Inc. All rights reserved.
For Sale By Owner Connection and Cut
The Commission are trademarks of
For Sale By Owner Connection,
Inc. Thank you.
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