FEDERAL HOMEBUYERS TAX CREDITS

      If you are planning on buying a home and getting in on one of the FederalTax Credits available to you, you have until the April 30, 2010 deadline to have an accepted offer and must be closed within 60 days of the deadline. 

   The $8000. First Time Homebuyers Credit is available to home buyers who have not been listed on a deed in the last 3 years.  Income limits apply....but they have been raised for the extension.

   The $6500. Existing Home Buyers Credit is available to home buyers buying an additional home they will be    occupying. They do not have to have their current home sold to qualify, but they must have lived in their current home any 5 of the last 8 years.  Income limits also apply.

For more information and to see if you qualify email me at kgibbons@prunw.com