mortgage tips: $7500 First Time Homebuyer Credit
- 09/09/08 12:11 AM
Friends, The recent Housing Stimulus Package recently signed into law, offers first time homebuyers $7,500 tax credit. This a great incentive to first-time homebuyers to get off the fence and buy a home. Here is the link that provides the details; http://www.federalhousingtaxcredit.com/ Here is a summary: 1. Home has to be for a first-time homebuyer (has not owned a home in three years) who meets income limits and has to be owner occupied; 2. Tax credit worth 10% of purchase price up to $7,500. Full credit for single taxpayers with incomes up to $75,000 and married … (2 comments)
Friends, 
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