Taylor Morrison Poised to Help Homebuyers Utilize Tax Credit

SCOTTSDALE, Ariz. - (BUSINESS WIRE) - The recent extension of the homebuyer tax credit by the U.S. Congress makes it even easier to own the Taylor Morrison home of your dreams.

The homebuyer tax credit now lasts until April and applies to homes up to $800,000 in value. In addition, individuals with incomes up to $125,000 and couples who make up to $225,000 now qualify for the program.

"We're excited to see the tax credit extended," said Taylor Morrison President and CEO Sheryl Palmer. "The addition of the move-up credit will hopefully allow even more families to take advantage of the great homes we're currently offering across the country."

Under the extension, move-up buyers can now also take advantage of the tax credit, with $6,500 available for those looking to move into a more expensive home.

"Now, more than ever, homebuyers are looking for homes that make sense to them, both from a financial position and practical position," Palmer said. "The time has never been better to find a home that makes financial sense."

Taylor Morrison's wide range of home suiting all types of homebuyers are currently available in Arizona, California, Colorado, Florida, Nevada and Texas. The company's quality construction, superior design elements and award-winning customer service are displayed in every home Taylor Morrison builds.

For more information on Taylor Morrison and its communities, please visit www.taylormorrison.com.

About Taylor Morrison
Taylor Morrison is one of the top home builders in North America, building a wide range of product for discerning home buyers across the country. With more than 150 communities in Arizona, California, Colorado, Florida, Nevada and Texas, Taylor Morrison offers first-time, mid-market and mid-to-upscale housing in both master-planned communities and urban infill neighborhoods. The company also operates under the Monarch brand in Ontario, Canada, where it builds single-family homes and high-rise condominiums. Taylor Morrison, Inc., is a wholly owned subsidiary of Taylor Wimpey plc (LON: TW), a home building company with 125 years of experience and operations in the United Kingdom, North America, Spain and Gibraltar. For more information, visit www.taylormorrison.com.

Taylor Morrison, Inc.
Stormy Rasmussen, 512-532-2164
srasmussen@taylormorrison.com