Don’t miss out on the first time buyer $8000 tax credit ending November 30th!

$8000 tax credit highlights:

• The tax credit is for first-time home buyers only.
• The $8000 tax credit does not require repayment!!!
• 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.
• The $8000 tax credit is claimed on a tax return and reduces the tax liability. If the credit is more than the tax liability, the unused credit will be issued as a check to the person claiming the credit
• For more info check out:

  http://www.federalhousingtaxcredit.com/2009/home2.html

So take some money off Uncle Sam’s Money Tree and put it in your pocket!  Buy a home today.

This tax credit could be a great way to help pay off some bills, take that vacation that you could not have afforded or apply it directly to the principal balance of the mortgage.

This entry was posted on Friday, February 27th, 2009 at 3:26 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.