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Quick Facts on the $8000 Home Buyer Tax Credit

By
Real Estate Agent with Re/Max Alliance

Some quick facts on the 1st time homebuyer tax credit...

 $8,000 Home Buyer Tax Credit at a Glance

  • The tax credit is for first-time home buyers only.
  • The tax credit does not have to be repaid.
  • The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000.
  • The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
  • Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

 

For more information on the tax credit or to get started on purchasing your first home please contact me.

203-488-1641 x 252

203-215-6566 cell

jamieramos@remax.net

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