The tax credit will be extended, and opened to existing homeowners that qualify! This is also reported on TV stations in Albequerque....great, exciting news!
Harry Reid's office just confirmed these details:
1) Sen Isakson, Dodd, Lieberman have agreed, and Senate Finance
[Baucus and tax staff] have agreed to this credit extension and
expansion:
2) For first time homebuyers, the income level to qualify is $
75,000/150,000
3) For step up buyers the income level to qualify is $ 125,000/250,000
4) For step up buyers, they must have been residing in their primary
residence for 5 years
5) The credit is 10% of the sales price, with a maximum of $ 7290.
6) The credit runs from Dec. 1, 2009 to April 30, 2010.
7) For legitimate sales contracts as of April 30, 2010 you have 60
days to close.
8) There is a waiver for military.
9) This will be added to the Unemployment Insurance bill. It will
then go to the House.
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Lina Robertson
Owner/Agent
RE/MAX Solutions
1715 James River Road
Ozark, MO, 65721 |
Mobile: (417) 844-7265
linarobertson@remax.net
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RE/MAX - Outstanding Agents, Outstanding Results!
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I am a full-time REALTOR® in Springfield, MO, and a member of the Greater Springfield Board of REALTORS®, helping Buyers and Sellers with homes for sale in the Springfield MO Real Estate, and Ozark MO Real Estate markets as owner and full-time agent of RE/MAX Solutions. Visit my website at www.ozarks-realestate.com and obtain access to search for All Springfield MO Area MLS listings, as well as current Springfield MO Area Real Estate Market Reports.
