Tuesday, April 27, 2010

Home Buyer Tax Credits about to Expire

Today is April 27th and these tax credits will expire at the end of the day on April 30th. When we say this is the last chance we truly mean "this is the last chance". Unlike last November when the tax credits were extended, there is no talk about that happening again. While I don't recommend buying simply because of the credits, if you are a buyer, then it would be foolish to pass them up.

Just to review, there are two tax credits available. One is a first-time home buyer tax credit worth up to $8000. The other is for a repeat homebuyer and is worth up to $6500. Our team conducted a seminar on these tax credits recently and we have the entire slide presentation posted on www.BuyDurango.com right on the home page. The presentation goes through all the rules, the income limits, and filing requirements in order to obtain the credit.

Please give us a call and one of our team members me more than happy to help you in your search for Durango real estate. The Team Lorenz phone number is 970-375-7007.

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