Home Buyer Tax Credit

Those people who want to buy a new house should stay aware about the latest news related to real estate. It is important to know for all the first time house buyers that the income tax credit is extended for those people who want to move on after a period of 5years of staying in their property. Those people who own a house for past 5 years continuously out of the last 8 years qualify for the tax credit of $6,500. A tax credit of $8000 can be received by those people who have not owned any house in past three years.

If you wish to watch the news video related to these changes to Home Buyer Tax Credit should visit ColdWellBanker.com. The video you will watch here includes a piece of news by the President and CEO of ColdWellBanker. You would be able to understand all the important things related to these changes by watching this video. The duration of this video is 3 minutes and 28 seconds. These changes have also affected the income limits for couples and singles. If you wish to get more information then you may watch the related video at ColdWellBanker.com.