Housing Stimulus

Just make sure to check the best online real estate network if you are a first time home-buyer and looking for tax credits. You can find different online real estate network available in market which provides various information and suggestion of tax credits for users. Recently, while surfing through online, I came across coldwellbanker.com online real estate network that provides such tax credits information for users. This online firm is one of the stand-alone online real estate networks available in market that provides the best housing stimulus information for users. With this online site, you can find different stimulus and tax credits available for first time home-buyers such as first-time homebuyers, or those who have not owned in the last three years. Such people can receive up to an $8,000 tax credit and the homeowners who have lived in a current home consecutively for 5 of the past 8 years can receive up to a $6,500 tax credit. Most importantly, there are no future extensions and so, all qualified homebuyers are urged to act and have a written, binding contract by April 30, 2010. The best thing is that the income limits are now $125,000 for singles, $225,000 for married couples with a $20,000 phase-out of the credit for both. You must check out the video available in this online site to get more information about the stimulus and tax credits.