Who Qualifies for the Tax Credit?

Published On: January 20, 2010

Who Qualifies for the First Time Buyers Extended Credit?

• First-time home buyers who purchase homes between November 7, 2009 and April 30, 2010.
• Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.

To qualify as a “first-time home buyer” the purchaser or his/her spouse may not have owned a residence during the three years prior to the purchase.

The maximum allowable credit for first-time home buyers is $8,000.

The maximum allowable credit for current homeowners is $6,500.

This credit won't last forever.  Call me for more informaion.  I can help you find your home and get the credit.

Call me at 405-574-5503 today!