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Buying your first home -- Check out this Tax Credit!

By Tony Favata

Real Estate Agent with First Class Properties

March 17, 2009 02:08 AM

Are you thinking about buying your first home? Have you heard about the Federal Housing Tax Credit?

If you buy a home between January 1, 2009 and December 1, 2009 - you are elgible for a tax credit of up to $8,000!

THIS TAX CREDIT DOES NOT HAVE TO REPAID!!!!*

This tax credit was enacted to try and boost the economy! Take advantage of it today friends!

Deeper look:

Frist time home buyers only
Buy between January 1, 2009 - Decmeber 1, 2009
Does not have to be repaid*
Your tax credit will be equal to 10% of the sale price to a max. of $8,000!
Singles up to $75k - couples up to $150K are eligible

Things to know:

You must own your home for 3 years in order to escape repaying the government!
This tax is refundable! So if you don't have much federal income tax liability you are still eligible!

*see things to know.

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****Please call me, Tony Favata, if you are interested in buying or selling a home in Kent or Sussex County Delaware! I am available at all times of the day, so please call or text me!!! I look forward to hearing from you as well as helping you reach all of your Real Estate goals!****

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Brent Johnson

Chase International South Tahoe Realty - South Lake Tahoe, CA

The $8,000 tax credit is a great incentive for first time home buyers. I sure hope that all of the buyers take advantage of it while it is being offered!

Mar 17, 2009 02:12 AM

Celina Gleason

AgentOwned Realty - Manning, SC

Good job spreading the word about this great deal for buyers, Tony! I sold my own brother a house earlier this year and sure enough, he got his check in the mail. He was so excited. His question to me was, "Why don't I hear about this anywhere else? I haven't seen it in any advertisements in the paper, or anywhere else for that matter." I told him it is my job as a Realtor to get the word out to as many as I can.

Mar 17, 2009 05:41 AM

Tony Favata

First Class Properties - Milford, DE

Celina: Yes I have to agree with you, the word is NOT getting out like it should! First time home buyers need to take advantage of this!!!

Mar 18, 2009 12:35 AM

Buying your first home -- Check out this Tax Credit!

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Tony Favata

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