Carlyn Lowery, Associate Broker, Lowery Home Team at eXp Realty, Annapolis and Anne Arundel County MD Real Estate

  • Home
  • Sell
    • Home Valuation
  • Buy
    • Discover Annapolis
    • Search the MLS Listings
    • Featured Listings
  • Communities
    • Annapolis
    • Annapolis Luxury
    • Annapolis Waterfront
    • Arnold
    • Crofton
    • Davidsonville
    • Millersville
    • Severna Park
    • Anne Arundel County New Construction
  • Blog
  • About Carlyn
    • About Carlyn Lowery
    • Philosophy
    • Reviews
    • Recommended Links
    • Contact
    • Careers
    • eXp Realty Annapolis Maryland – Info for Realtors
    • Disclaimer

Homebuyer Tax Credit Extended and Expanded, A Gift for Annapolis Real Estate Buyers

Tweet
Share
Share
Pin
0 Shares

More gifts from the federal government for homebuyers!  New legislation signed by the President last Friday:

Cash Gift from the Federal Government

Cash Gift from the Federal Government

* Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010, and

* Expands the credit to grant up to $6,500 credit to current home owners purchasing a principal residence between November 7, 2009 and April 30, 2010, who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight.

Plus,  members of the armed services, as well as intelligence service and foreign service personnel, get extra benefits!  Those who are on active duty and out of the U.S. for 90 days during any part of 2009, get an additional year to buy their homes, to May 1, 2011.

Homebuyers who purchase their home using the tax credit must use that home as a principal residence for a period of no fewer than three years, or must forfeit the entire credit. Military, intelligence and foreign service members do not have to repay the credit if they have to sell their home after fewer than three years occupancy due to official business.

More on this topic:
The Basics: Extended Home Buyer Tax Credit 2009/2010
Time is Running Out for $8000 Gift from the Federal Government

$8000 Bailout Gift for Your Friends

P.S. Call me today for all your Annapolis real estate needs.

Tweet
Share
Share
Pin
0 Shares

Recent Posts

  • Happy Thanksgiving and Anne Arundel County Real Estate Market Update
  • What Does It Cost to Be a Real Estate Agent in Maryland?
  • Maryland Real Estate Market and the Coronavirus (COVID-19)
  • PCSing with Pets to Fort Meade or Annapolis: A Guide to Moving with Your Furbabies
  • How to find the Best Realtor

Here are some client reviews of Carlyn Lowery…

“Carlyn got us a quick sale above the asking price. She qualified prospects well, used a professional photographer for advertising photos, and provided expert advice during negotiations. Carlyn is what other Realtors aspire to be!”
– Paul Donnelly

“As first time home buyers, Carlyn Lowery was very attentive to our basic needs of walking us through each step of the home buying process from a novice standpoint. The long detailed list of items due at specific times from the start of the contract all the way through to the week of closing was greatly appreciated. It was great having an agent who took the time to clearly lay this all out for us. End result – a very smooth time at settlement. No surprises!”
– Ann Hannam

“We wanted a professional who would work with us to sell our home
quickly for a good price and protect our interests as sellers through the process.
Carlyn’s business acumen is her (and will be your) greatest asset.”
– Sue Bogard

“Carlyn was wonderful. She was organized, prepared, and knew the steps to take to sell our home quickly and used a wide array of marketing to get the job done. She gave great advice
during each of the phases, and in particular on the negotiation.”
– Michael Morgan

 

Questions? Call Carlyn Lowery today.

443-569-3977 – Direct
888-860-7369 x146 – Main Office
click to Email

Carlyn Welcome

All information on this website is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive. See disclaimer.

Copyright © 2023 · Carlyn Lowery · All Rights Reserved

Copyright © 2023 · Crystal Theme by Agent Focus on Genesis Framework · WordPress · Log in