first time home buyer tax credit: First Time Buyers - ACT NOW!!!
- 05/12/09 03:08 PM
Don't miss the window of opportunity! There couldn't be a better time to buy! Affordable prices, historic low interest rates (as low as the World War II era), and FREE MONEY FROM UNCLE SAM! That's right...in February the new and improved tax credit expanded the $7500 tax credit (which was similar to an interest free loan because it had to be repaid) to an $8000 tax credit that does not have to be repaid! Of course, there are some noteable guidelines--income limits for single borrower of $75,000 adjusted gross income and $150,000 for a married couple. Also, you must own the … (1 comments)
first time home buyer tax credit: First Time Buyers--There has NEVER been a better time to buy!
- 03/05/09 04:09 PM
Real estate continues to be the best investment on the planet. Of course, it is a long term investment where you can build equity and appreciation as well as enjoy the tax benefits of home ownership. The new stimulus plan that was passed in February 2008 included a tax credit to first time homebuyers. Any first time buyer (a buyer who has not owned a property in the past three years) is entitled to an $8000 tax credit if they purchase a property in 2009 prior to December 1st (as long as they qualify within the income limitations). Unlike last year's tax credit of … (0 comments)
Don't miss the window of opportunity! There couldn't be a better time to buy! Affordable prices, historic low interest rates (as low as the World War II era), and FREE MONEY FROM UNCLE SAM! That's right...in February the new and improved tax credit expanded the $7500 tax credit (which was similar to an interest free loan because it had to be repaid) to an $8000 tax credit that does not have to be repaid! Of course, there are some noteable guidelines--income limits for single borrower of $75,000 adjusted gross income and $150,000 for a married couple. Also, you must own the … (1 comments)
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