Sunday, November 08, 2009 8:47 AM
by
Mary DeWitt
New and Extended tax credits for buyers!
Buyers who have owned their current homes at least five years would be eligible, subject to income limits, for tax credits of up to $6,500. First-time home buyers — or people who haven't owned a home in the previous three years — could get up to $8,000. To qualify, buyers have to sign purchase agreements before May 1 and close before July 1.First time buyers have till April 30,2010 to purchase and write offers...must close end of June!Courtesy of Leelanau and Benzie Real Estate.com