| The $8000 First Time Home Buyer Tax Credit has been extended until April 30, 2010, but this time repeat home buyers were not left out. Repeat home buyers may qualify for a $6500 Home Buyer Tax Credit. |
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| Who Qualifies For The $8000 Tax Credit? |
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Must be a first time home buyer, or have not owned a home for the last 3 years |
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Purchase a home between January 1, 2009 and April 30, 2010 |
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Sale must close by June 30, 2010 |
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Home price & income limits |
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| Who Qualifies For The $6500 Tax Credit? |
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Must be a move up, or repeat home buyer |
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Must have owned and resided in the same home for at least 5 consecutive years of the 8 years prior to the purchase date |
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Purchase a home between January 1, 2009 and April 30, 2010 |
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Sale must close by June 30, 2010 |
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Home price & income limits |
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