Special offer

DC 1st Time Home Buyer $5000 Tax Credit Renewed!

By
Real Estate Agent with Better Homes & Gardens Premier VA 0225101026

To qualify as a first-time homebuyer in DC, a homebuyer and his/her spouse must not have owned a home in DC during the one-year period before the date of purchase. A homebuyer who owns property outside the District may still be eligible for the $5,000 tax credit, as long as they qualify as a first-time homebuyer in the District.  For more details, visit: DC HOME BUYER TAX CREDIT 

Comments (1)

Ellie Shorb
Compass Real Estate - Chevy Chase, MD
Realtor DC, MD & VA Luxury Home Expert

The homebuyer tax credit for first time buyers was a big hit and really did stimulate folks to get out and look at property- and many of them pulled the trigger on a sale. This $ in the pockets of buyers is truly a positive incentive and seems to be a big motivator.

Jan 05, 2011 06:29 AM