Tuesday, January 26, 2010

Housing Stimulus Information

If you are a first time home-buyer and looking for tax credits, then make sure that you check best online real estate network. There are different online real estate network available in market that provides various information and suggestion of tax credits for users. Recently I came across interesting online real estate network that provides such tax credits information for users known as coldwellbanker.com. The coldwellbanker.com is one of the stand-alone online real estate networks available in market that provides, best Housing Stimulus information for users. There are different stimulus and tax credits available for first time home-buyers such as first-time homebuyers, or those who have not owned in the last three years, can receive up to an $8,000 tax credit, homeowners who have lived in a current home consecutively for 5 of the past 8 years can receive up to a $6,500 tax credit, there may be no future extensions, so all qualified homebuyers are urged to act and have a written, binding contract by April 30, 2010 (close by June 30, 2010), income limits are now $125,000 for singles, $225,000 for married couples with a $20,000 phase-out of the credit for both, and a lot more stuff included. Check out the following video from coldwellbanker.com to get more information of stimulus and tax credits.