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The government has significantly extended and expanded tax credits available for homebuyers.
I want you to have accurate information about the homebuyer tax credits.
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Frequently Asked Questions
You still have time to take advantage of the $8,000 New Home Buyer Tax Credit, but time is running short!
It is too good of an opportunity to pass up!
First time home buyers with certain income limits who purchase a home before December 1, 2009, will receive a tax credit of up to $8,000. You should have a home under contract before the end of October to ensure it can close before the deadline.
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$8,000 First-Time Homebuyer Tax Credit
The Stimulus Plan was signed into law by President Obama, containing a new tax credit for first-time homebuyers. Essentially, first-time homebuyers within certain income limits who purchase a home in 2009 before December 1, 2009 will receive a tax credit of up to $8,000.
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