2009 Feb 19th

First time home buyer tax credit increased

Categories: Buying

First time home buyers  are now being incented even more than before to realize their American dream of home ownership ! Not only are sellers willing to compromise on their price as well as pay closing costs in order to get their home sold, the federal government is also incenting these buyers…The federal government is giving $8,000 in the form of a tax credit to first time home buyers. This revised tax credit previously was capped at $7,500 and a portion needed to be paid back.  Not so now. As long as the home is purchased between January 1, 2009 and December 1, 2009, the 1st time home buyer will receive the $8,000 tax credit and not have repay any of it.  This means… Happy Home buying!  Please see the chart below for all the details of the first time home buyer credit…

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This entry was posted on Thursday, February 19th, 2009 at 3:57 pm and is filed under Buying. 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.

  1. admin said at December 9th, 2010 at 7:18 am

    Carroll,

    We created the site with help of http://www.realestatetomato.com a real estate blog builder site. The content and design is basically a design we put together. Believe me when I say it took a lot of time! Unfortunately my business partner/husband took our site down for a bit to switch hosting sites and it has been a bit out of sorts until this week. All is currently working well except for one picture that happens to be a photo of us!
    Keep up the blogging and let us know if we can help you in any way!

    Liz Bankston

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