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Contact The Dennis Pease Team at
Hybrid Real Estate

If you have any questions or need more detailed information, please contact us via phone at (541) 844-9287 or fill out the form to let us know how we can help with your real estate needs.

Office Location 2000 Cal Young, Suite C
Eugene, Oregon 97401
Direct: (541) 844-9287

Tagged : First Time Home Buyers

There are currently 1 blog entries matching this tag.

Breaking News: Homebuyer Tax Credit to be Extended and Expanded

Thursday, November 5th, 2009 at 6:41pm. 750 Views, 0 Comments.

uncle_sam_tax_credit_285Both the House & Senate passed an extension and expansion of the homebuyer tax credit. This could be signed by President Obama as early as tomorrow morning. Below is a summary of the new home buyer tax extension and modifications.

  • T he $8,000 tax credit will be extended and available for first-time purchases through April 30, 2010.
  • A new $6,500 tax credit will be available for repeat buyers who purchase between December 1, 2009, and April 30, 2010. To qualify for this provision, buyers must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years.
  • Prospective purchasers with binding contracts in place as of April 30, 2010, will be given until June 30, 2010 to close on their new home.…

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