Home Buyer Tax Credit Extention

Breaking NEWS!!!  Colorado Springs Home Buyer Tax Credit Extened!!!

The Homebuyer Tax Credit bill has passed both chambers of Congress and will be signed into law by the President tomorrow, November 6, 2009.


Here is a summary of the changes:
The expiration date for the credit will now be April 30, 2010. First-time buyers who have not had interest in a principal residence for three years are still eligible, and the maximum amount remains the same $8,000 for married couples, $4,000 for those filing separately.

NEW !!! Current homeowners, who have consecutively maintained the home they want to sell as their primary residence for five of the last eight years, are also eligible. However, the maximum amount for those homeowners is lower: $6,500 for married couples and $3,200 for those filing separately.
The tax credit may not used to purchase a home for more than $800,000. All buyers who want to get the credit must include documentation of the purchase on their tax returns.

The income limits for both tax credits have been raised to $125,000 for single buyers and $225,000 for married couples.


Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS

Colorado Springs Semi-Custom Home

Jay Carden | RE/MAX Properties, Inc | 719-322-4939 5855 Drifter, Colorado Springs, CO Stucco in Sierra Ridge with 3 Car Garage and Custom Deck 4BR/4BA Single Family House offered at $299,900 Year Built 1999 Sq Footage 2,996 Bedrooms 4 Bathrooms 4 full, 0 partial Floors 2 Parking Unspecified Lot Size 6,050 sqft HOA/Maint $20 per month DESCRIPTION Beautiful semi-custom home. Features include: Hardwood flooring, custom 2 tier Trex deck, patio, kitchen island, designer painting, built-in's, 5 piece master bath. Other custom upgrades include tile roof, 3 car gargae, stucco, all appliances, walkout finished basement. Enjoy the master retreat with extra sitting room and 5 pc bath with a huge soaker tub. Great city views and private parks and pool. Amazing house in a great area, rare find. Hurry this one will go quick. see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Fireplace - High/Vaulted ceiling - Walk-in closet - Hardwood floor - Tile floor - Family room - Living room - Office/Den - Dining room - Dishwasher - Refrigerator - Stove/Oven - Microwave - Basement - Washer - Dryer - Laundry area - inside - Yard COMMUNITY FEATURES - Swimming pool(s) OTHER SPECIAL FEATURES - 3 Car Garage - Stucco and Tile Roof for Easy Care - Custom Trex 2 level Deck - Covered Patio - Community Pool ADDITIONAL PHOTOS Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Contact info: Jay Carden RE/MAX Properties, Inc 719-322-4939 For sale by agent/broker Equal Opportunity Housing Posted: Oct 29, 2009, 5:55pm PDT

Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS