Wednesday, February 17, 2010

Tax Credit

Here are the details on the tax credit:

•To qualify for the $8,000 tax credit, first-time buyers must not have owned a home within three years of buying a home and must have a sales contract signed on or before April 30, 2010 and close on or before June 30, 2010.

• To qualify for the $6,500 tax credit, home-sellers must have owned a home for at least eight years and lived in that home as a principle residence for at least five consecutive years out of the last eight years. Home-sellers must also have a sales contract signed on or before April 30, 2010 and close on or before June 30, 2010.

If you would like further information or a complimentary, no obligation Tax Credit Incentive Analysis to see if you qualify, please call me at (617) 319-4952, or email me at ronscott@gkrresidential.com. It would be an honor to work with you.

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