Friday, November 13, 2009

The Federal Homebuyer Tax Credit has been Extended!

The Federal Homebuyer Tax Credit has been extended and expanded, making now the best time ever to buy a new home. Here are some quick facts about the Extended and Expanded Tax Credit:
  • First-time homebuyers (anyone who hasn't owned a home in the last three years) can get up to $8,000 in tax credits.
  • Buyers who have owned their current homes for at least five years are eligible for a tax credit up to $6,500.
  • The new law will increase the income ceiling for qualification to $125,000 for individuals and to $225,000 for married taxpayers.
  • To qualify, buyers have to sign a purchase agreement by April 30, 2010.
Now is the perfect time to purchase a new home at Waterfront Tower.

Waterfront Tower reflects the spirit of 21st century Washington, offering sustainable living, bright spaces, and world-class style in Southwest.

No comments:

Post a Comment