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Serving Middlesex County and Beyond!
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Welcome To Your Real Estate Resource Site!
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Thanks for stopping by! Whether you are new to the buying and selling process or a seasoned veteran, my site will provide you with some great resources to help you along the way! I look forward to helping you with ALL your Real Estate needs! |
Looking to find your DREAM Home? Click on the Home
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There may NEVER be a better time to buy a home! Your Uncle Sam is giving away FREE MONEY for buying a home! KEY CHANGES A NEW tax credit for certain EXISTING homeowners has been created for up to $6,500. To qualify, an individual must have owned and resided in a home for any 5-consecutive year period during the last 8 years prior to purchase of a new home and must close after the date of enactment (November 6, 2009), and prior to July 1, 2010. To be eligible to claim the $8,000 credit, first-time buyers must enter into a written binding contract forpurchase before May 1, 2010 and must close on the purchase before July 1, 2010. The new law increases the income limitation for homebuyers who want to claim the credit from $75,000 to $125,000 for individuals and from $150,000 to $225,000 for those filing jointly. To qualify for either credit, the price of the home being purchased cannot exceed $800,000. In addition, members of the U.S. Armed Forces who have been deployed overseas will have an additional year to qualify for the credit -until April 30, 2011. |
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