Broker Cooperation Welcome.
©2010 KB Home (KBH). This is not a representation or guarantee of loan qualification, affordability of homeownership, eligibility for or receipt of a federal tax credit, state tax credit or any other tax benefits of homeownership. Eligibility requirements are different for each program. Income limitations, ownership conditions, repayment requirements, and other restrictions and requirements apply. Tax laws are subject to change. To qualify for the federal tax credit, homebuyers must purchase their home before May 1, 2010, and close escrow before July 1, 2010. $8,000 federal tax credit is for first-time homebuyers or anyone who has not owned a home in the last 3 years. $6,500 federal tax credit is for current homeowners who have owned and lived in the same home for 5 consecutive years out of the past 8 years. Military 1-year extension to May 1, 2011, requires active-duty overseas deployment for 90 days between December 31, 2008, and May 1, 2010. To qualify for the tax credit, the purchase price must be less than $800,000. Federal tax credit applies over a one-year period against your tax obligation. Since individual tax and financial circumstances will vary, see your financial and tax advisors for details and information on the tax credit, and learn more at www.federalhousingtaxcredit.com. Payment of Broker Co-op requires Broker to accompany and register buyer on first visit and comply with Broker Co-op Agreement. Photos do not depict racial preference. See sales counselor for details. CORP-82279.