What a great time to be a first time home buyer!

By
Mortgage and Lending with Morgan Financial

What a great time to be a first time home buyer

Did you know that if you have not owned property in the last 3 years that you are considered a first time homebuyer?  That means that you may be eligible for the $8000 first time homebuyer credit if you purchase a home before December 1st, 2009.

The program is fairly simple: 

•         Must be first time homebuyer - That means you haven't owned a home in the past three years, and your spouse hasn't either if you're married.

•         Purchase home before December 1st 2009

•         File an amended return on your 2008 tax return, or wait to file on your 2009 tax return

•         The credit is for 10% of the purchase price, up to $8000

•         The credit amount starts phasing out if you make more than $75,000, or $150,000 if you're filing a joint return.

•         Enjoy the benefit of an $8000 tax credit

With interest rates at historic lows, homes being aggressively priced, and an $8000 tax credit, now is an outstanding time to be a first time homebuyer!  But don't forget, this offer does have an expiration date.  To be eligible for this money, you must purchase before December of this year.  So call a Mortgage Professional, get pre-approved, and go out there and find your dream home!

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Florida Brevard County
Groups:
All Things Florida
Realtors®
Almost Anything Goes
Tags:
tax credit
first time homebuyer
brevard county mortgage
joe harris
joeknowsmortgagescom

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,179,270
Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC
Waters Realty of Brevard, LLC - Melbourne, FL
Customer Focused, Results Driven Service!

This is really a great incentive with the prices so reasonable in the Brevard County area. Joe, send me your buyers if they are looking in Viera and Suntree.

Jul 30, 2009 08:32 AM #1
Rainer
18,954
Joe Harris
Morgan Financial - Melbourne, FL

Gary, it is a great incentive. 

As a mortgage professional, I work to qualify, approve, and service my clients.  While I do gain a great deal of my business from past "wowed" clients, I leave the marketing for clients up to my referal partners.  I do refer clients back to real estate professionals who I have a history with, and who I know will take the same kind of time with my valued clients as I do.  So, if you have any buyers who are looking for honest, ethical, over the top service, with no surprises, than please refer them to me.  When the time does arise, I will be sure to refer clients who are looking in those areas back to you.

 

Jul 30, 2009 01:59 PM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
18,954

Joe Harris

Ask me a question
*
*
*
*
Spam prevention

Additional Information