$8000 Home Buyer Tax Credit
Per the American Recovery and Reinvestment Act, a 1st time home buyer is now eligible to receive a tax credit of up to $8000 when buyer a home!
Here is an outline of the details:
* Amount of Credit - Up to $8000.
* Eligible Property - Any single family residence, including condos and townhouses that will be used as a primary residence.
* 1st Time Home Buyers Only - A 1st time home buyer is defined as a person who has not owned a home in the 3 years prior to purchase.
* Repayment - The tax credit does not need to be reapid, provided the home is not sold within 3 years of purchase.
* Effective Date - The credit applies to any home bought after January 1, 2009 and closes prior to December 1, 2009.
Ask us about how you may use the tax credit as a down payment!!
Call today at 425-218-1158