Arlington Place – Homebuyer Tax Credit Alert:


You may have heard about the Federal Homebuyer Tax Credit, but you may not know that there’s something in it FOR YOU—but only if you act NOW! You can use the money to help pay for closing costs, upgrades, or down payment.*

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TO QUALIFY FOR THE FIRST-TIME BUYER $8,000 TAX CREDIT*:

  • Buyer must not have owned a home over the past three years
  • The home must be your principal residence, and must be purchased before June 30, 2010
  • Program is limited to adjusted gross incomes of $125,000 for singles or $225,000 for couples

TO QUALIFY FOR THE CURRENT HOMEOWNER $6,500 TAX CREDIT*:

  • Buyer must have owned a home as a primary residence
  • Buyer must have lived in that home for 5 of the last 8 years
  • The new home must be purchased by June 30, 2010

We’re here to help you understand your options, so please feel free to e-mail or call with any questions about making the Federal Homebuyer Tax Credit work for you! And of course we invite you to visit Arlington Place and discover everything this very special community has to offer.