Home : Blogs : Tony Favata : Selling or Buying homes in Milford Sussex or Kent County Delaware

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

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.

_________________________________________________________________________________________________

****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!****

Posted by Tony Favata on 03/17/2009 09:08 AM

Comments (3)

Federal Housing Tax Credit in the Home Buying Channel

first time home buyer, 2009 tax credit, federal housing tax credit, kent county delaware, sussex county delaware

Post is included in group: Diary of a Realtor
Post is included in group: Dedicated Bloggers
Post is included in group: Addicted to Active Rain
Post is included in group: Active Rain Newbies
Post is included in group: 20-Somethings Realtors

3 Comments on Buying your first home -- Check out this Tax Credit!

MAR

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!

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

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!!!

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?