Richmond Virginia Homes For Sale
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Example: Henrico County, Carytown, Wyndham, 23227, Manchester High, etc.
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First Time Homebuyers, Don’t Miss Out!
Don’t miss the opportunity of a lifetime! A new Federal Home Buyer Tax Credit provides $7500 to help qualified first time home buyers get into the house of their dreams. For potential first time home owners this newly enacted legislation can provide a bridge to that some times elusive dream of owning a home.Homes purchased on or after April 9, 2008 and before July 1, 2009 are eligible.
First-Time Home Buyer Tax Credit at a glance:
- 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.
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