Mrs. Mecomber's Scrapbook

This is a Sponsored Post written by me on behalf of Coldwell Banker. All opinions are 100% mine.

Wow! I wish they’d had these tax credits available when I purchased my home. It’s a great time to be a home buyer– with the housing market in a slump, property prices are very low, and people and banks are eager to sell.

Coldwell Banker, that outstanding real estate company, has some information on the 2010 Homebuyer Tax Credits available to first-time and new home buyers. In a nutshell, here are the details:

• If you are a first-time home buyer, or have not owned in the last three years, are eligible for an tax credit of up to $8,000.
• If you own a home and have lived in the home as your principle residence for five out of the eight years you have owned your home, you can receive up to $6,500 in tax credit when purchasing a home.
• There income limits and deadlines, so if you qualify, do not delay.

This video is good and has more information about the tax credits.

This is a great incentive to get the home market moving again. I love the Coldwell Banker website, too– I routine search for properties to keep tabs on property values in the country. You can search the website for home and property listings, too.

Be sure to definitely check this out to see if you qualify!