The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence, as well as a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners). The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.

Visit www.federalhousingtaxcredit.com to see how to qualify for these tax credits.

If we sign your qualifying purchase agreement that specifies a closing date before the expiration of the tax credits, we guarantee your home will close on time or we will reduce your sales price by the applicable tax credit amount.