Joe Aube and the rest of the Homeselling Team service Storm Lake, IA and surrounding areas. NEW TAX CREDIT!!!
The new tax credit extends the existing credit for First Time Home Buyers, worth up to $8,000 and offers a new credit of up to $6,500 for some existing homeowners. The reduced credit for existing homeowners is available to those who have been in their current residence for a consecutive 5-year period. The new rule also raises the qualifying income limits to $125,000 for single taxpayers and $225,000 for joint taxpayers. The maximum allowed purchase of a home is $800,000. For all your real estate needs, please contact us.
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