Monday, April 20, 2009
First Time Home Buyer Tax Credit
It is time to buy a home. In an effort to move the U.S. economy forward Congress and the President have enacted legislation providing a tax credit of up to $8000 for first time home buyers. A first time buyer is defined by the IRS as someone who has not owned a home in the last three years. Here is the happy news; this tax credit does NOT HAVE TO BE REPAID. The credit is also up to ten percent of the home’s value or up to $8000 dollars.
Now don’t rest on your laurels, there is a time limit on all of this….you have from January 2009 until December 1, 2009. So call me, email me or text me and let’s find you a home.
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