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Take advantage of the $6,500
Tax Credit
Don't delay – take advantage of the $6,500 Move-Up / Repeat Home Buyer Tax Credit** opportunity! Qualified current homeowners may be eligible for a tax credit of up to $6,500 toward purchase a new home! At On Top of the World Communities you can choose from a variety of homes in our new home inventory selection, all of which are ready to be moved into and are priced to sell! Act fast…purchase must be made by April 30, 2010 in order to qualify.
**Qualifications for the $6,500 Move-Up / Repeat Home Buyer Tax Credit
- To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.
- The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principle residence within three years after the initial purchase.
- The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $6,500.
- The tax credit applies only to homes priced at $800,000 or less.
- The credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, the home purchase qualifies provided it is completed by June 30, 2010.
- Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.

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©2010 On Top of the World Communities, Inc.
Palm Acre Real Estate – License # BO2001880
†Prices subject to change.
55+ community. Void where prohibited by law.
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