$8 000 or $ 6,500 ?
Tax Credit Legislation Extended and Expanded
Thinking about buying your first home? Good news — now may be a great time to makeyour move! Thinking about moving up to a new home! For a limited time, qualified first-time
homebuyers may receive a tax credit up to $8,000 as part of the American Recovery and
Reinvestment Act of 2009.
Current homeowners may receive up to $6,500 in tax credits. The tax credit expires on
April 30, 2010. You must have a written and binding contract in effect by April 30, 2010 and
it must close by July 1, 2010 in order to qualify.
Learn More About the Tax Credit
• Available to first-time homebuyers and existing homeowners
• Credit amount up to $8,000 for first time buyers and credit amount up to $6,500 for existing
homeowners
• Available on single-family detached homes, townhomes and condominiums — newly
constructed or pre-existing homes
• The tax credit does not need to be repaid unless the home is sold within the first three
years after purchase
Get Started Now
Take your first step by talking to your tax advisor for more information. You may be able to buy your first home or move up sooner than you thought possible. Call me for further information!
Call or e-mail me today for income limits and other restrictions!Attention First-Time Homebuyers
Brenda Walker
Realtor®
205-910-8206
