Interest rates are incredibly low. Homes are priced to sell. Now, more than any time in the last decade, it's a great time to buy a new home in Melbourne, FL. For first-time buyers, the reason to buy a home in the next 6 months is even better thanks to the Federal Tax Credit for First Time Home Buyers.
For aspiring first time home owners who need a little nudge to make the decision or that extra financial help to reach their goal, legislation enacted earlier this year providing a tax credit of as much as $7,500 for first-time home buyers might just be the opportunity of a lifetime.
But like so many of the good things in life, time is of the essence for buyers who want to take advantage of this outstanding opportunity. Only homes purchased before July 1, 2009 are eligible. Here's the tax credit at a glance:
The tax credit is available for first-time home buyers only.
- The maximum credit amount is $7,500
- The credit is available for homes purchased before July 1, 2009
- Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 are eligible for the full tax credit
- The tax credit works like an interest-free loan and must be repaid over a 15-year period
If you are a first time home buyer and live in Brevard or moving to the area, Stanley Homes has several new homes in the Melbourne area that can close before the July 2009 deadline. Homes are priced between $117,900 and the $500,000's. There are even a few homes that are ready to close right now.
Stanley Homes, Inc., a third generation hometown builder, is highly regarded as a custom home builder in Brevard County on Florida's Space Coast. Stanley Homes, building new homes in Melbourne, Florida, Palm Bay, Florida and throughout Brevard County, offer you the ultimate flexibility and convenience in building your new home.
And right now couldn't be a better time to buy during Stanley Homes Builder Inventory Liquidation - with savings up to $60,000 on select inventory homes!
For more information about Stanley Homes and how you can buy a new home using the Federal Tax Credit for First Time Homebuyers, visit http://www.stanleyhomes.com/ or call 888.899.0321.
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