If you are looking for mroe information on theHome Buyer Tax Credit, you have come to the right place.
The credits are ending soon with a binding contract to be in place by April 30,2010 and you have to close on your property before June 30,2010 to qualify for the $8,000 tax credit.
Things have changed since the last tax credits from 2009. There is a limitation that all homes must be under $800,000 and the income limits are now $125,000 for single people and $225,000 for married couples.
The good folks at Coldwell Banker have brought this post to your attention to help get more exposure out about these great tax savings.
So one thing I wanted to point out is that the tax credits are not your typical tax incentives. This $8,000 is directly deducted from the amount of taxes you pay, so it’s like the Government giving you $8,000 back into your pocket when you buy your home which is pretty great if you ask me!


