There are plenty of Homes For Sale in Elkhart County, Indiana that qualify for the entire $8,000 Tax Credit! Essentially, any home with a selling price of at least $80,000 qualifies for the full First Time Home Owners Tax Credit.  That is the easy one.  Finding the one you want to call home is the starting point.  Sit down and write out a list of what you WANT in a home, then make a second column of what you NEED in a home.

Somewhere in between these items is the home you will fall in love with. The next thing you need to do is call a Mortgage Lender to find out the pricing you would be comfortable in.  The Mortgage Lender will need to know where you work, how much you make, your date of birth and social security number and the credit obligations you currently have.

Then comes into play a local Elkhart County Real Estate Expert, like Evelyn Johnston with Prudential One Realty.  She is a REALTOR(r) who is familiar with Elkhart County and go over your list.  She can be reached at 574-304-7148.

The qualifiying issues for the First Time Home Buyer Tax Credit are:

• Neither you nor your spouse has owned a home in the previous 3 years
• Single person's income $75,000 or less
• Married person's income $150,000 or less
• You must live in home for at least 3 years
• You must close on home on November 30, 2009 or before

Call Evelyn now, while you are thinking about it.  574-304-7148.