Homebuyers Tax Credit for EXISTING Home Owners!

If you’ve owned a home for 5 out of the last 8 years CONSECUTIVELY, you qualify for a tax credit up to $6,500 if you purchase another PRIMARY RESIDENCE aftter November 6, 2009 and before May 1, 2010.

The EXISTING Home Owner’s credit of up to $6,500 and the First Time Home Buyer’s Credit of up to $8,000 DO NOT APPLY for homes costing greater than $800,000 if purchased after November 6, 2009.

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