Don’t Wait Another Day—The Homebuyer Tax Credit Has Been Extended and Expanded!

The Federal Homebuyer Tax Credit has been extended and expanded, making now the best time ever to buy a new home at Glenncrest. Here are the basic facts about the new Tax Credit:

• Buyers who have owned their current homes for at least five years are eligible for a tax credit up to $6,500.
• First-time homebuyers (anyone who hasn't owned a home in the last three years) can get up to $8,000 in tax credits.
• The new law will increase the income ceiling for qualification to $125,000 for individuals and to $225,000 for married taxpayers.
• To qualify, buyers have to sign a purchase agreement by April 30, 2010.

Find the home of your dreams at Glenncrest today! We can help answer your questions about the Tax Credit and all the options available to you here.