Our Current Promotion

FIRST TIME BUYERS

Credit: Equal to 10 percent of the home's purchase price, up to $8,000
    Who Qualifies?

  • Those who haven't owned property in the last three years
  • Those with income up to $225,000 for couples or $125,000 for individuals (credit phases out for people who make more than these amounts)
  • Must be at least 18 years of age to claim credit
  • Purchase price must be $800,000 or less
    Deadlines:

  • Have until April 30, 2010, to enter into a contract for a home purchase
  • Have until June 30, 2010, to close on the purchase

CURRENT HOMEOWNERS

Credit: Equal to 10 percent of the home's purchase price, up to $6,500
    Who Qualifies?

  • Those who have owned and lived in their principal residence for at least five consecutive years during the past eight years
  • Those with income up to $225,000 for couples or $125,000 for individuals (credit phases out for people who make more than these amounts)
  • Must be at least 18 years of age to claim credit
  • Purchase price must be $800,000 or less
    Deadlines:

  • Have until April 30, 2010, to enter into contract for a home purchase
  • Have until June 30, 2010, to close on the purchase

ADDITIONAL INFORMATION

Please remember to always consult a tax professional for individual eligibility and implications of the Homebuyer Tax Credit. Contact a CENTURY 21 Steve Davoli Real Estate professional today and get on the PATH HOME.

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Comments:

Penn, Schoen & Berland Associates conducted an online poll on behalf of Century 21 Real Estate LLC with 1,000 prospective first time homebuyers. The survey fielded from March 2-7, 2009, and has a margin of error of ± 3.1%.

American Recovery and Reinvestment Act of 2009. Consult a tax professional for details. Credit expires December 1, 2009..