Nancy Osborne
Phone:
215-340-5700 x120
Mobile:
267-261-0442

Pager:
RS207004L
Fax:
215-340-6699
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Tax Credit

Bringing the Dream of Homeownership Within Reach

As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:

  • Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
  • Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.

Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream.


Latest news:
Tax Credit Extension a Positive Step Toward Real Estate Recovery (Nov.5)
President's Podcast: Tax Credit Extended (Nov. 5) 

Who Qualifies for the Extended Credit?

Which Properties Are Eligible?

How Much Is Available?

How is a Buyer's Credit Amount Determined?

If the Buyer(s)’ Income Exceeds These Limits, Can He/She Still Get a Credit?

Can a Buyer Still Qualify If He/She Closes After April 30, 2010?

Will the Tax Credit Need to Be Repaid?

Please contact Nancy Osborne for the answers to these questions -
267-261-0442

 Information attained form Realtor.org

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2003 S. Easton Rd.
South Building   ~   Suite 108
Doylestown, Pa.  18901
215-340-5700

 

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