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Congress just made it $8,000 easier to buy a Home
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Tax Credit for the First-Time Home Buyers 
- The tax credit is available for first-time home buyers only (may not have owned a home within the last 3 years).
- The maximum credit amount is $8,000. (or the lesser of 10% of the cost of a home)
- The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
- Full amount of credit available for individuals with adjusted gross income of no more than $75,000 ( $150,000 on a joint return).
- Can eliminate income tax libility for the year of purchase. Purchasers will recieve refund for unused amount when tax return is filed.
- If home is sold within three years of purchase, entire amount of credit is recaptured on sale.
Don't miss the opportunity of a lifetime. Call Today |
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