David Bruce

October 15th, 2008

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.

For more information please email us!

This entry was posted on Wednesday, October 15th, 2008 at 7:52 am and is filed under Mortgage Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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