Could you use an extra $8,000?

Important information about the economic stimulus package.

• Lesser of 10% of cost of the home or $8000 tax credit
• All principal residences (single family, condo, fee simple townhouse) are eligible
  
• Refundable
• Income limit of $75,000  ($150,000 for couples)
• First time home buyer (someone who has not owned a principal residence in 3 years)
• Can use local or state revenue bond financing as well, MCC OHFA
  
• No repayment (homes purchased after January 1, 2009)
• Recapture (if home is sold within 3 years)
• Ends December 1, 2009
• Effective January 1, 2009

Central Ohio is very affordable.

The image is an ecard from Real Living.   I am an agent with Real Living HER Worthington