Things to Do In & Around Lynchburg, VA

Do I Qualify For The New First Time Home Buyer Tax Credit?

Are you confused by all of the talk about the $8,000 first time home buyer tax credit? Not sure if you qualify? This short video from RE/MAX highlights the points of the $8,000 First Time Tax Credit Extension and Expansion:

-Extends the $8,000 first time Home Buyers Tax Credit if you're under contract by April 30, 2010 and close by June 30, 2010 -Up to $6,500 tax credit for current homeowners who have lived in their homes (as principal residence) for 5 consecutive years of the last 8 years and close on their new home by June 30, 2010 -Income level of $125,000 for single buyers, $225,000 for joint buyers - Military members and those who've been deployed overseas for at least 90 days in 2008-2009 can claim the credit if they're under contract by April 30, 2011 and close by June 30, 2011.

Now IS a great time to buy a home!

Are you new to Forest VA, searching for a home for sale in Greater Lynchburg  or at Smith Mountain Lake?  Give me a call for information on local events, things to do or Lynchburg MLS real estate listings.

Childrens Miracle Network Remax Logo

Debbie Malone, ABR, ASP, e-PRO
RE/MAX 1st Olympic Realtors
(434) 546-0369 C
(434) 832-0941 F
(434) 832-1100 O
debbiemalone@remax.net


2 comments • Debbie Malone, Realtor Lynchburg, Smith Mountain Lake VA • November 18 2009 04:47PM