Coleman-Etter, Fontaine RealtorsNavigating the Homebuyer Tax Credit Can Be Tricky!
Jan 30, 2010
There is no doubt that the Homebuyer Tax Credit has been a boon to both home buyers and sellers, and will hopefully continue to benefit the residential real estate market until it expires in April, however, figuring out whether or not you qualify, and for how much, can be tricky!
Marcie Geffner from Bankrate.com does a good job of clarifying many rules of the credit. For example, did you know that technically the credit isn't $8,000 or $6,500? Instead, it is 10% of the purchase price of the house, up to those amounts for qualifying buyers.
To find out more, go to "Secrets of the Homebuyer Tax Credit".
Comments