The House and Senate have passed the stimulus bill, now it is on its way to the President for his signature. 

It is not $15,000 as first proposed, but scaled back to $8000 which is still wonderful!

First-time homebuyers who purchase this calendar year get an $8,000 tax credit which does not have to be repaid like a similar measure last year. This phases out for people making more than $75,000 individually or $150,000 jointly. "First-time homebuyer" is defined as someone who has not owned a home for the past three years.

So if your a buyer and have not owned a home in 3 years, here is your chance to get a $8000 tax credit if your able to buy a home this year!

Brad and Angela Lawrence
Owners of North Carolina Homes Realty, Inc.
Multi-Million Dollar Producers
Website: www.NC-Homes-For-Sale.com
Toll Free: 866-220-6458
Brad's Cell: 336-909-1293
Angie's Cell: 336-909-2638
Fax: 866-233-4314
SELLERS - Ask us about our LOW Commission options, as LOW as $399!
Serving the Piedmont Triad Area since 2001!
FREE instant MLS search Now

 

Brad and Angela Lawrence - Brokers/Owners/REALTORS
North Carolina Homes Realty, Inc.
Website: Greensboro
Real Estate - Winston Salem Real Estate - High Point Real Estate

Toll Free: 866-220-6458
Brad's Cell: 336-909-1293
Angie's Cell: 336-909-2638
Fax: 866-233-4314
Email:
nchomes2@gmail.com
SELLERS - LOW Commission Full Service options, Also $199 and $399 MLS Flat Fee Listing Plans for FSBO sellers.
Serving the Piedmont Triad Area since 2001!
Buyers -
Sign up for your own FREE custom MLS search
FREE instant MLS search Now

 
This post has been included in North Carolina Information Guilford County, NC Information Greensboro, NC Information
Post is included in group: North Carolina Real Estate
Post is included in group: NC Week In Review

1 Comments on First Time Home Buyers Tax Credit finally passed!

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Good posting - some will find the idea of not paying back the money (versus the previous bill) a reason to jump on the home buying train.

9:00am • #1

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Brad & Angela Lawrence - Realtors/Owners - Greensboro - Winston Salem -High Point

Greensboro, NC

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North Carolina Homes Realty, Inc.

Office Phone: (866) 220-6458

Cell Phone: (336) 909-1293

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General real estate, regional news and events about the Piedmont Triad North Carolina which includes Greensboro, Winston Salem, High Point, Kernersville, High Rock Lake, Oak Ridge, Summerfield, Clemmons, Advance, King, Jamestown, Mocksville, Asheboro, Lexington, Archdale, Trinity and all surrounding towns. Offering tips and advice to buyers, sellers, general consumers and other activerain members. Low Commission Full Service for sellers and also $199 and $399 MLS Flat Fee Listing Plans for FSBO sellers.

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