ocala first time home buyers: Ocala First Time Buyers Tax Credit - 06/30/09 09:47 AM
The government is offering a tax credit of $8,000- to first time buyers here in Ocala Florida. If you have not owned a house in the past 3 years you probably qualify. The thing is that you must close on your new home by the end of this year. That means you have to get a house under contract by early November of this year. You need to start looking now!
This is a credit and not a deduction. You don't need to owe $8,000- in taxes. Yes, you can get a lot more in tax credit than you … (0 comments)
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ocala first time home buyers: Why a buyers market is better than a sellers market - 05/19/09 11:04 AM
So in a sellers market you sell your home fast and you get top dollar. So what, unless you're going to live in your car from now on you'll need to buy another house. In a sellers market you will pay top dollar and have a poor selection.
In a buyers market you will have to sell low or not at all. However you can then go off into a buyers market with a ton of inventory and get a steal of a deal.
The best of all scenarios is reserved for the first time buyers. They are the ones who … (0 comments)
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ocala first time home buyers: First Time Buyers Tax credit - 02/19/09 10:22 AM
Attention Ocala first time home buyers. The federal government wants to help you to buy a house with a first time buyers tax credit. Home prices in Ocala had dropped dramatically from the high prices of 2006-07. Interest rates are at historical lows. Foreclosures in Ocala are down right cheap! If all this wasn't enough now you can get a tax credit too.
Here's the important stuff.
First time buyers only but this means that you haven't owned a house in the last 3 years It's a tax credit and not a deduction. That means the entire amount goes back … (0 comments)
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