With new Legislation the First time home buyer $8000 tax credit has been extended. The home has to be purchased between November 7, 2009 and April 30, 2010. The transaction must close no more than 60 days after April 30, 2010. The tax credit is still 10% of the cost of the purchased home, up to $8000.

6,500 Tax Credit

There is also now a $6,500 Tax Credit for buyers who “Move Up”. It’s for Homeowners that have lived in their home for at least five of the past eight years.

Learn More about Eligible Properties

For more information about what properties are eligible for the tax credit Contact Jared Horsley.