The First-Time Home Buyer Tax Credit has been Extended!  Your purchase agreement must be dated by April 30, 2010 and you must close on or before June 30, 2010. Call for more details!

Bringing the Dream of Homeownership Within Reach

Information About the First-Time Home Buyer Tax Credit

The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.

For sales occurring after November 6, 2009, the Act establishes income limits of $125,000 for single taxpayers and $225,000 for married couples filing joint returns.

The income limits for sales occurring on or after January 1, 2009 and on or before November 6, 2009, are $75,000 for single taxpayers and $150,000 for married taxpayers filing joint returns.
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed legislation that grants a tax credit of up to $8,000 to first-time home buyers.

Information About the Move-Up/Repeat Home Buyer Tax Credit

The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 with a binding sales contract signed by April 30, 2010).  For more information on how you can benefit from this Tax Credit, please call Jeanne or Michael Frank today!

You need a local expert working for you
With our expert knowledge of the local St. Clair & Macomb County's real estate market, we know how to help you with your unique needs and protect your best interests through every aspect of a real estate transaction. We're focused on providing you with the most personal attention and best service available.

You need the advice of a Real Estate Professional
The Internet is a great place to find information. But it can't provide the in depth local knowledge and personalized service of a local real estate professional. The challenges of the real estate industry are getting more complex every day. You need a professional that is on top of the market and is prepared to protect your interests and guide you throughout the process. As local real estate experts we are constantly researching the market and analyzing home prices so we can serve you with the latest and most accurate information.

For most families, buying or selling a home is one of the biggest decisions you'll ever make. We'd be honored with the opportunity to help you.           

Frank Real Estate, a MI Company servicing: Marine City, Cottrellville, Algonac, Ira, Marysville, Port Huron, Casco, China, East China, Columbus, Casco Saint (St) Clair, Berlin, Riley, Wales, Kimball, Port Huron, Fort Gratiot, Clyde, Kenockee, Emmett, Mussey, Lynn, Brockway, Yale, Greenwood, Grant, and All Area Real Estate Listings of Saint (St) Clair County MI Real Estate, Macomb County MI Real Estate, and Southeast MI. We have All Area Listings and real estate Foreclosures, homes for sale, vacant land and Our Featured Homes through our web site or you can contact us, just ask for a real estate agent listed below. Also, we can find you riverfront/waterfront homes for sale on the Saint (St) Clair River or Lake Saint (St) Clair and properties of all Macomb County and Saint (St) Clair County MI