walter home

GOOD NEWS...the Homebuyers Tax Credit is exteneded and better!…Homebuyers who purchase a principle residence from now to April 30, 2010 may be eligible. The tax credit is equal to 10% of the purchase price of your home, up to $8,000 for first-time owners and up to $6,500 for other owners. If you (and your spouse, if married) have not owned a residence for a 3-year period before your purchase, you may qualify as a first-time homebuyer. NEW: If you have used your current home as a principal residence consectuively for 5 of the previous 8 years (you could be renting right now), you may qualify for the current-owner $6,500 tax credit. Call us today for more details! For specific questions, contact your tax professional.