Here is a friendly little reminder from Jim Frimmer that I found to be very helpful. Make certain to share this with all your clients.
Last year's extension of the Federal tax credit for home buyers had some qualifications in it.
First time home buyers are eligible for a maximum $8,000 tax credit, and repeat home buyers are eligible for a maximum $6,500 tax credit.
However, you have to close escrow on your home purchase by the end of the day on June 30, 2010.
However, there is another qualifying step that has to be accomplished even before then, and that is that you have to have your home under a purchase contract by the end of the day on April 30, 2010.
Time is running out!
For all the fine print in the Federal tax credit, feel free to contact me.
If you're looking for a great San Diego Realtor, well,
let me Google one for you.
I'm available 24/7, so feel free to contact me by phone or email.
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