Tax Credit is Extended until April 30, 2010

Buyers who have owned their current homes at least five years would be eligible for tax credits of up to $6,500. First-time homebuyers - or anyone who hasn't owned a home in the last three years - would still get up to $8,000. To qualify, buyers in both groups have to sign a purchase agreement by April 30, 2010, and close by June 30, 2010. The credit is available for the purchase of primary homes costing $800,000 or less, meaning vacation homes are ineligible. The credit would be phased out for individuals with annual incomes above $125,000 and for joint filers with incomes above $225,000.

Please call Elagene Troslte @843-338-9017 for more information!

Elagene Trostle
Sr. Mortgage Consultant
Fairway independent Mortgage Corp
843-338-9017 Cell
ET@TrostleTeam.com
www.TrostleTeam.com