Friday, April 30, 2010

Salt Lake City Real Estate or Condos


Federal Tax Credits End Today - April 30th, 2010

Question:  Does a real estate transaction or closing need to take place by April 30, 2010 to qualify for tax credits that are available from the Federal Government?

No.   A Real Estate Purchase Contact has to be signed by April 30, 2010 to qualify for Tax credits.

Question:  Who qualifies?

1.  First time home buyers or those who have not purchased a home in the last 3 years qualify for the $8,000 Credit.

2.  Existing home buyers qualify if they have lived in their current residence for longer than 5 years.  The tax credit available to them is $6,500.

Any questions, call me:    Jay Rice - 801-633-3994,  owner and developer of MillCreek Terrace Condos  -  3944 So. 900 East, Salt Lake City, UT