Thursday, September 18, 2008

Tax Credit for First Time Home Buyers!!!!!



 

  • The tax credit is available for first-time home buyers only.
  • The maximum credit amount is $7,500.
  • The credit is available for homes purchased on or after April 9, 2008 and before
    July 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 tax credit works like an interest-free loan and must be repaid over a 15-year period.
  • If you own land and want to build you can qualify for this tax credit.*


 

If you have any questions or know someone who could benefit from this information please call or email me anytime and I will be happy to answer any questions you may have.


 

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