MORTGAGE BLOG!

On Wednesday, November 4, 2009, Congress extended the Homebuyer Tax Credit to June 30, 2010! This would apply to real estate contracts signed by April 30, 2010, leaving a 60 day window to close.

PLUS!!!  You don't have to be a first-time home!buyer!!! 

Important changes!! $6,500 tax credit for those who HAVE owned a home and lived there for at least 5 of the last 8 years. Income limits increased to $125,000 for individuals and $225,000 for joint filers.

• $8,000 tax credit for first-time homebuyer's stays in place (A first-time homebuyer has not owned a primary residence in the last 3 years).
• December of 09' falls under the new extension! So there is no "gap" in time between the previous November 30th deadline and the new extension!

SOOOOOOO.....what are you waiting for? Call Pinellas Financial today!
It takes 5 minutes to get Pre-qualified!