Whether you are considering purchasing your first home or are in a position to move to your next home, the new expanded Federal Tax Credit creates a great opportunity for you.  The tax credit to first time home buyer can be as much as $8,000 and $6,500 for those who are considered qualified move-up/repeat home buyers (existing home owners).  Keep in mind that a tax credit is a dollar for dollar decrease in tax liability as opposed to a tax deduction that only decreases the income you are taxed on.  This can mean real money in your pocket to save, use for improvements in your new home, or be used for whatever purpose you wish. 

As of this writing purchase and sales agreements must be signed by April 30, 2010 and close by June 30, 2010.  So why not take advantage of the reasonable home prices, low interest rates, and the incredible benefits the Federal Tax Credit has to offer.

Please feel free to contact me if you would have any questions or would like to schedule a no cost or obligation appointment to discuss this opportunity.

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