Mortgage News

2010 Tax Credit -- Not Just For First-Time Home Buyers! $6,500 to Move Up!

December 2nd, 2009 2:27 PM by Anne James

*NEW* Current Homeowners looking for a replacement primary residence could also qualify for a $6,500 (up to $3,250 for a married individual filing separately). They must have lived in the same principal residence for any five-consecutive year period during the eight-year period that ended on the date the replacement home is purchased. This new provision also only applies to homes purchased after Nov. 6th 2009.<more> 

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http://www.savingtoinvest.com/2009/02/15000-first-home-buyer-tax-credit-in.html

Posted in:General
Posted by Anne James on December 2nd, 2009 2:27 PM

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