Have you been dreaming of buying a luxury condominium in downtown Baltimore? After years of renting townhomes and apartments in the city, don’t you wish to just have a place of your OWN? If you answered yes to those questions, it’s time to buy! (Sorry if this paragraph has sounded like an infomercial with the Sham-Wow guy, but I didn’t know how else to open.)
After a year of 2009 in which the country faced major economic issues, and the housing market suffered because of it, the government shifted the homebuyer tax credit deadline from what had been November 30th, 2009 all the way to the end of April in 2010. So, what’s so great about the homebuyer tax credit extension and what does it mean for you exactly?
It’s breaks down like this:
Single first time buyers who have a yearly income of less than $125,000 will be eligible for up to an $8,000 tax credit, with repeat buyers being eligible for up to $6,500. If you are a single buyer and your income is between $125,000 and $145,000, you will be eligible for a partial tax credit. Married couples who make less than $225,000 are eligible for the full $8,000, while couples who make between $225,000 and $245,000 will be eligible for a portion of that credit.
For more information about the Homebuyer Tax Credit Extension and how it applies to you, you can read my original blog post or contact us! It’s a pretty nice amount of cash that you will be saving if you purchase a home before the end of April.
So, take advantage of it while you can! Find your dream home on CondoDomain, contact us, take a tour, buy, and then save! In addition to the homebuyer tax credit extension, you will, as always, save thousands of dollars with CondoDomain through our unique, cash back commission refund program!
(Back into Sham-Wow infomercial mode): Contact us today, and we’ll throw in a Sham-Wow and a Snuggie, absolutely free, that’s a $40 dollar value ABSOLUTELY FREE! Okay, we’re not giving Sham-Wows or Snuggies away, but the bottom line is, if you’re ready to buy a home, this is the perfect time to do it. So if you are, let us know, and we’ll make it happen!