
Home Ownership

Home Ownership
$8,000 tax credit ~ extended and expanded
Great news for home buyers and sellers alike. The $8,000 tax credit for first time home buyers has been extended to April 30 2010 and a new $6,500 tax credit for homeowners who have used the home being sold as their principal residence consecutively for 5 of the previous 8 years.
This will bust open up the real estate market!
This will bust open the real estate market as it will encourage the move up buyer to take the leap! As long as a binding purchase contract is written by April 30 2010 the purchaser has until July 1 2010 to actually close on the property.
Income Limits raised!
The income limits have been raised as well which will include more people:
$125,000 – single
$225,000 – married
Limitation on cost of the home being purchased is set to $800,000 and that sure can buy a lot of home.
Prices-Rates and Homes – all the ingredients are there
Prices are fantastic and interest rates are incredible couple that along with the tax credits and buying a Southern New Hampshire home becomes a must do. All the ingredients are there and now all you have to so is pick up the phone and call 603-548-7728!
Click the link for a comparison chart of the old tax credit compared to the new tax credit
Call your southern NH REALTOR
Call your southern NH REALTOR, me of course, and set up an appointment to discuss how the $8,000 tax credit can impact you or learn how it can benefit you to sell your southern NH home.
Jay and Monika McGillicuddy, NH REALTORS
603-548-7728 or 603-548-7685
New Hampshire Real Estate Blog
Jay and Monika McGillicuddy
Prudential Verani Realty
2 Main Street Hampstead NH
603-327-0246 direct line
603-434-2377 office






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