Right now there is a historic opportunity that not many people are aware of. The federal government is offering a Home Buyer Tax Credit. This is an amount that could go as high as $8,000. This is an offer that will end April 30th, 2010. This is the time to take advantage of deals in real estate. What other time in history has the government offered tax credits to first time home buyers of up to $8,000 and move-up credits of up to $6,500? Not ever!
Between now and April 30, 2010, first time homebuyers can receive a federal income tax credit of up to $8,000 if they purchase a home. This is a tax credit that will not be extended! This applies to first time home buyers or those who have not owned a home in the past three years. This is a fantastic opportunity for first time homebuyers who have been thinking about getting into the real estate market. You won’t have an opportunity like this again in your lifetime. If you have an income level of less than $125,000 for singles or $225,000 for married couples you may qualify.
There are other restrictions so you need to seek professional advice. Contact your tax professional and one of the professional at Coldwell Banker. These tax credits will end April 30, 2010. That means that this is an opportunity that is too good to pass up.

Home Buyer Tax Credit