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first time buyer: $7500 Tax Credit for First-time Home Buyers - 10/07/08 08:17 PM
As you may have heard, the Housing and Economic Recovery Act of 2008 provides a great opportunity for First-Time Home Buyers.  A $7500 Tax Credit is now available from the Federal Government.
To qualify for this credit you must be a first-time home buyer and your purchase must close before July 1, 2009.  The law defines a 1st time Home Buyer as someone who has not owned a principle residence during the three year period prior to the purchase.  If you are a married couple, and one spouse or the other has owned a residence-you are not eligible.  If you own … (0 comments)

 
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Marcia & Larry Levine

Plano, TX

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Keller Williams Realty

Office Phone: (972) 588-8781

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