Homebuyer Tax Credit Update (bullet points)
Couple key changes so far are
- The income limit has been raised to 125K for single and 250k for married couples
- You have to be in contract by April 30th, 2010 and close by June 30th 2010.
- Also there is a credit now non-first time homebuyers of 6500 dollars had to owned a house for 5 out of 8 years
Those are some key highlights but we feel confident that Obama will be signing the bill shortly.
posted from : Bill Bader, CMPS , Loan Consultant , Greenwood Lending , 434/975-4600 Phone
