Monday, March 30, 2009

Are You A First-Time Home Buyer? Good News!!!

If you are a qualified first-time home buyer purchasing a principal residence on or after January 1, 2009 and before December 1, 2009 a tax credit of up to $8,000 is now available! And guess what ...unlike the tax credit enacted in 2008, the new credit does not have to be repaid!
  • The tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
  • The tax credit does not have to be repaid.
  • The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
  • The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
  • Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

If you want to buy the home of your dreams then click HERE to learn how you can take advantage of this $8,000 tax credit.


Cheers!
Cortney a.k.a Cort

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