Tuesday, April 13, 2010

More about Tax Credit fomebuyers


You heard it right: the program that's paying first time homebuyers AND those who purchase their replacement home, is set to expire in less than 3 weeks. Here are some facts about it:
  • Credit amount up to $8,000
  • For any home purchase where a sales contract is signed by April 30, 2010 and closes by June 30, 2010
  • Available on single-family detached homes, townhomes and condominiums
  • The tax credit does not need to be repaid unless the home is sold within the first three years after purchase
This program will NOT be extended anymore so if you think of buying a home, you need to start acting now. Please contact us!

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