There are a lot of you out there who have already been homeowners, are ready to move into something else, and wish the gov't would help YOU out. Well your time has come!


Here's an article from the Charlotte Observer (printed 5 days ago on 11/14/09) that is very helpful in understanding the $6,500 tax credit Congress passed for current homeowners. The "rules" are pretty straightforward and it's an enticing deal. You will definitely want to read this article. And pass it on to your friends and family...it's certainly going to help you or someone you know.


http://www.charlotteobserver.com/home/story/1052326.html




Basic Overview of the article:

• Must have lived in your current home for past 5 of 8 years
• Close on new house by June 30, 2010
• New home can be more or less expensive than current home
• You do NOT have to sell current house
• Must live in new home as primary residence
• Make less than $125k Singly/$225k Jointly