| |  | Your Guide to Nyack and Rockland County
Move-to-Nyack.com is a real estate website that provides comprehensive professional services and advice for buyers, sellers and veterans in the greater Nyack/Valley Cottage area, and all of Rockland County. | |
| Thank you for visiting my online real estate resource and I hope you find it to be a useful tool in your search for real estate and that it answers some of those questions you might have about the process. Whether you are a first time buyer, an experienced investor or selling your home, you will find this combination of current, clear information, exceptional service and solid expertise, invaluable when the time comes for you to make that all important decision. Welcome to Nyack/Valley Cottage and Rockland County.
"WHERE DO YOU WANT TO BE?..LET ME HELP YOU GET THERE."
FOR ALL MY REAL ESTATE FRIENDS:
click on www.randrealty.com for general real estate info. Saw a house and want to know the price? Want to ask me a question about the local market here in Rockland County? No question too silly. Send your question to:john@move-to-nyack.com
RECENT NEWS:
January 19, 2010
Check out this home buyer tax credit information page.
www.randrealty.com
November 13, 2009
Homebuyer tax credit extension and expansion update:
On November 6, President Barack Obama signed into law the extension and expansion of the current homebuyer tax credit, an important step in ensuring a real estate and economic recovery. The measure extends the present $8,000 tax credit program for first-time homebuyers through April 30, 2010. It expands the program, effective November 7, 2009, to include current homeowners, who are now eligible for an up to $6,500 tax credit (10 percent of the purchase price) through April 30, 2010 provided they have lived in the home they are selling, or have sold, as a principal residence for five consecutive years in the past eight years. If potential homebuyers have a binding contract on or before April 30, they will have until June 30 to close the transaction. Income limits for eligible homebuyers are expanded to $125,000 for single buyers and $225,000 for couples. The purchase price of the home cannot exceed $800,000. To help guard against fraud, buyers are required to attach documentation of purchase to their tax return.
I strongly recommend that you consult with your tax professional regarding the application of the credit.
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