Homebuyer Tax Credit Explained

With interest rates and prices at historic lows, now is great time to buy. What makes it even better is the homebuyer tax credit.

The homebuyer tax credit has been extended and expanded to cover both first time homebuyers and homebuyers who own or have previously owned a home. To qualify, you must have a signed contract to purchase no later than April 30, 2010, and must close escrow no later than June 30, 2010.

Please see details as explained in the following video:

For any questions, or help with your home search, contact Gary Rose, 760-419-6872 or email me at garyrose@realtor.com.

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