I’ve received a lot of questions about the recent stimulus package and the $8,000 “First-Time Home Buyer”  tax credit that is part of it.  There are many scenarios and questions about who does and who does not qualify… and even the term “First-time home buyer” is not entirely correct!

Here are some of the top questions complied and answered by the National Association of Mortgage Brokers, the National Association of Realtors and tax advisors!  I have also provided a visual breakdown showing the differences between the initial $7,500 Tax Credit and the new $8,000 Tax Credit.

Nota Bene: This post is for the informational benefit of my Winter Haven, Florida readers.  As always, I advise you all to consult your legal and financial representatives to ensure that your individual situations truly merit taking this tax credit. 

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1 Comments on The $8,000 Tax Credit - What Winter Haven, Florida Homebuyers Need to Know

FEB
26

Ya we are still getting more clarity on the renewable grants in lieu of our tax credits.... best wishes and lets keep our fingers crossed that this bill will stimulate more first time home buyers.

8:30am • #1

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Kevin Sandridge - Winter Haven Mortgage Broker

Winter Haven, FL

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Signature Home Funding

Address: 410 Laurel Cove Way, Winter Haven, FL, 33884

Office Phone: (863) 604-3019

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