Real estate blog entries tagged with homebuyer by Sandra Bolcar (RE/MAX VILLAGE SQUARE)

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Home : Blogs : Sandra Bolcar : Sandra Bolcar's Blog : Tag "homebuyer"

homebuyer: First-time homebuyer tax credit explained - 04/06/09 04:22 PM

It's been a bit confusing as to what the stimulus package means to homebuyers--especially first time homebuyers who qualify for the $8,000 tax credit.
So here is a little help in understanding all of it, courtesy of David Rubenstein at Wells Fargo Home Mortgage.
Let's talk a little about the Tax Credit announced in the latest Economic Recovery Act:
First-time homebuyers who purchase homes from now until the end of November 2009 may be eligible $8,000 or 10% (whichever is lower) of the value of the home tax credit. (A tax credit is very different than a tax deduction - a … (0 comments)

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Sandra Bolcar

Montclair, NJ

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RE/MAX VILLAGE SQUARE

Address: 516 Valley Road, Upper Montclair, NJ, 07043

Office Phone: (973) 509-7100 x 181

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