$8,000 Tax Credit Extended

$6,500 Tax Credit Now Available for Repeat Buyers!

If you haven't bought a home yet, you are in luck! The $8,000 tax credit for first time home buyers has been extended. Along with the extension of the first time home buyer tax credit, a $6,500 tax credit is now available for repeat home buyers!

Here are some quick facts about these Tax Credits:

$8,000 Tax Credit
-You must be a first time home buyer or have not owned a home for the last three years.
-You must purchase your home between January 1, 2009 and April 30, 2010. However, if you sign a binding sales contract by April 30, 2010, you have until June 30, 2010 to complete the purchase.

$6,500 Tax Credit
- You must have owned and resided in your home for 5 of the last 8 years.
-The home you purchase does NOT have to be more expensive than the one you are currently in.
-You must purchase the home between November 6, 2009 and April 30, 2010. However, if you sign a binding sales contract by April 30, 2010, you have until June 30, 2010 to complete the purchase.
-The home purchase must be a principal residence. Translation: this home must be where you are going to live full time. No vacation homes or rentals!

For more details check out the National Association of Home Builder's FAQ page or talk to a Hartland Homes sales representative (402-477-6668).