Homes And Land Real Estate » 2009 home buyer tax credit http://yourtrustedhometeam.com We're With You. All The Way Home. Wed, 13 Jul 2011 06:14:25 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 The Federal Home Buyer Tax Credit Program Expires Soon http://yourtrustedhometeam.com/2010/04/10/the-federal-home-buyer-tax-credit-program-expires-soon/ http://yourtrustedhometeam.com/2010/04/10/the-federal-home-buyer-tax-credit-program-expires-soon/#comments Sun, 11 Apr 2010 06:20:23 +0000 Verna http://yourtrustedhometeam.com/?p=974 The Worker, Homeownership, and Business Assistance Act of 2009 extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. It also authorized a tax credit of up to $6,500 for qualified repeat home buyers. The tax credit applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.

]]> http://yourtrustedhometeam.com/2010/04/10/the-federal-home-buyer-tax-credit-program-expires-soon/feed/ 0 Existing U.S. Home Sales Rise to Highest Level Since 2007 in Recovery Sign http://yourtrustedhometeam.com/2009/12/23/existing-u-s-home-sales-rise-to-highest-level-since-2007-in-recovery-sign/ http://yourtrustedhometeam.com/2009/12/23/existing-u-s-home-sales-rise-to-highest-level-since-2007-in-recovery-sign/#comments Wed, 23 Dec 2009 19:45:12 +0000 Verna http://yourtrustedhometeam.com/?p=957 A story published on Bloomberg.com today states that “Sales of existing U.S. homes in November rose to the highest level in almost three years as first-time buyers rushed to take advantage of a government tax credit and lower prices.“

]]> http://yourtrustedhometeam.com/2009/12/23/existing-u-s-home-sales-rise-to-highest-level-since-2007-in-recovery-sign/feed/ 0 The Extension and Expansion of the First-time Homebuyer Tax Credit is Now Law http://yourtrustedhometeam.com/2009/11/09/the-extension-and-expansion-of-the-first-time-homebuyer-tax-credit-is-now-law/ http://yourtrustedhometeam.com/2009/11/09/the-extension-and-expansion-of-the-first-time-homebuyer-tax-credit-is-now-law/#comments Mon, 09 Nov 2009 20:46:49 +0000 Verna http://yourtrustedhometeam.com/?p=868 The government has just extended and expanded tax credits for home buyers – and not just those buying for the first time.

  • First time home buyers can now receive an $8,000 tax credit through April 30, 2010
  • Home buyers who have lived in their residences for five years may now receive a credit of $6,500
  • The tax credit is now available to individuals earning up to $125,000, or $250,000 for couples

All of the homes and condos listed on our site as of 11-09-09 qualify for the credit.

Read the full story about the 2009 homebuyer tax credit for more details. More implications of the new tax credit are discussed in this article.

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