Pages

Friday, February 12, 2010

2010 Home Buyer Credits To Help The Real Estate Bailout

The economy has affected all of us with financial problems and our dreams of owning a home are passing away. Then I heard about this tax credit that may change all that and help the economy too. The senate has a proposal where they are offering first-time home buyers, or those who have not owned in the last three years can receive up to an $8,000 tax credit with a Real Estate Bailout. Homeowners and those who have lived in their current home consecutively for 5 of the past 8 years can receive also up to a $6,500 tax credit. Now this to me sounds like a great way for those wanting a home to have a chance and save money, while giving a jump start to the housing market and the economy at the same time.

So, if you are still renting a house or apartment this is your chance. You can save with this offer, they may not have any more future extensions, so all qualified homebuyers are urged to act and have a written binding contract by April 30, 2010. Income limits are now $125,000 for singles, $225000 for married couples with a $20000 phase-out of the credit for both. This may help you in getting a home of your own and give someone a much needed job at the same time. Checkout the video bellow and see for yourself.

1 comments:

Kahlilia said...

I search and recently came across your blog and have been reading along. It was wonderful blog. I will give free hit of your site with your article.

If you have interested mean please post on your Best article in my website - www.bestarticlezone.com

Disclosure Policy

This policy is valid from 21 June 2010 This blog is a personal blog written and edited by me. This blog accepts forms of cash advertising, sponsorship, paid insertions or other forms of compensation. The compensation received will never influence the content, topics or posts made in this blog. All advertising is in the form of advertisements generated by a third party ad network. Those advertisements will be identified as paid advertisements. The owner(s) of this blog is compensated to provide opinion on products, services, websites and various other topics. Even though the owner(s) of this blog receives compensation for our posts or advertisements, we always give our honest opinions, findings, beliefs, or experiences on those topics or products. The views and opinions expressed on this blog are purely the bloggers' own. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question. This blog does not contain any content which might present a conflict of interest. To get your own policy, go to http://www.disclosurepolicy.org