The Extended and Enhanced First-time Homebuyer Tax Credit

On November 6, 2009, Congress passed the Worker, Homeownership and Business Assistance Act of 2009 which extended and enhanced the popular first-time homebuyer tax credit enacted in February 2009. Unfortunately, this program expired on April 30, 2010. As of the expiration date, it seems highly unlikely that the federal government will extend this program for a second time.

If you did not qualify for the tax credit or were not ready to make a purchase, you can still receive cash after closing by using Closing Cash Realty as your exclusive buyer's agent. Through our Buyer Rebate Plan, we have paid our homebuyer clients $1,000s in cash rebates on purchases of homes thoughout Chicago and the suburbs. This is cash that our clients have used for renovations, new furniture and appliances to just to take a nice vacation. We provide our homebuyer clients with generous rebates because we realize that you are going to perform much of the search for your new home on the Internet so why shouldn't you share in the commission?

Your rebate will be based upon the purchase price of your new home in accordance with the rebate levels shown in the table below:

Please use the Buyer Rebate Plan Calculator to the upper right of this page to determine the estimated rebate for a specific purchase price. For additional information about how you can receive $1,000s in cash at closing, please visit the Buyer Rebate Plan information page.