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8000: Will the $8,000 first time home buyer tax credit be extended or even expanded? - 07/15/09 11:04 AM
This is very detailed information for First Time Homebuyers.  We are working with several people who are hoping to improve their credit, or save money for closing costs (or an FHA downpayment!)!  I think this is very good news for the economy!  If you want to see if you QUALIFY for the First Time Homebuyer $8000 tax credit that is CURRENTLY available - click here.

Via Team Jodi - Chapel Hill Real Estate, Durham Real Estate (Jodi Bakst, Broker @ The Home Team):
Right now, there are 5 bills being presented in Congress which either extend or expand the current $8,000 … (7 comments)

8000: First Time Homebuyers! Get Your $8000 Piece of the Bailout! - 03/03/09 10:10 AM
There is a silver lining to all of this Bailout Business (thank goodness!) and it applies all First Time Homebuyers!  In the recent stimulus package, Congress, and President Obama wrote in a $8000 Tax Credit for First Time Homebuyer's who purchase a home between January 1, 2009 and December 1, 2009 (that's right, the actual law says DECEMBER ONE, so you need to close by November 30, 2009!)
The actual Credit is $8,000 or 10% of the purchase price, whichever is less.  It is a CREDIT.  This is much different than a Tax Deduction.  If your total tax liability came to $6,000, but you … (22 comments)

 
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Eleanor Thorne 919-649-5057 Cary Mortgage Loans

Cary, NC

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Steve Thorne NC Mortgage Experts

Address: 111 Corning Road, Suite 230, Cary, NC, 27518

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