Tax Credit for Existing Homeowners

Existing homeowners can qualify for the new $6500 tax credit if the following applies:

• Their current home has been their primary residence for the last 5 out of 8 years
• They have until April 30, 2010 to enter into a contract to purchase a home, the closing must take place before July 1, 2010
• Single buyers can have incomes up to $125,000 and married couples can have incomes up to $225,000 (incomes above that may receive a partial credit)
• Tax Credit does not have to be repaid.
• You do not have to sell your current home, you could rent it out.

Other stipulations may apply, contact me for details or Pre-Qualify below