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Homebuyer Tax Credit Extension

Congress has extended and expanded the Homebuyer's tax credit. You have until April 30, 2010 to have a written contract in place, with a closing date by July 1, 2010.

First time buyer:   $ 8000 ( $ 4000 if married and filing separate)

Definition of eligibility: May not have had an interest in a principal residence for 3 years prior to purchase.

Current homeowner: $ 6500 ( $ 3250 if married and filing separately )

Definition of eligibility: Must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years.

Please call or email me for more details @ 518-573-7679 or SBowersox@realtyusa.com