newnan: $8,000 Tax Credit with Owner Finance & Lease Purchase Homes in South Atlanta - 02/18/09 02:02 AM
Final score: $8,000 for Homebuyers First-time purchasers get a tax credit windfall if they buy before December. By Les Christie, CNNMoney.com staff writer Last Updated: February 17, 2009: 12:13 PM ET NEW YORK (CNNMoney.com) -- There's a nice windfall for some homebuyers in the economic stimulus bill awaiting President Obama's signature on Tuesday. First-time buyers can claim a credit worth $8,000 - or 10% of the home's value, whichever is less - on their 2008 or 2009 taxes.
A big plus is that the credit is refundable, meaning tax filers see a refund of the full $8,000 even if their total … (0 comments)

newnan: Tax Credit For First-Time Home Buyers or 3 Year Non Owners in Atlanta GA! - 02/02/09 03:12 AM
Housing Economic Recovery Act of 2008Tax Credit, Other Good News For First-Time Home Buyers!If you're hoping - or planning - to become a first-time home buyer soon, the Housing and Economic Recovery Act of 2008 has plenty of good news for you! If you're a first time home buyer or haven't owned a home in three years, you're eligible for a maximum, one time only tax credit of up to $7,500 if you're single and earning less than $75,000 per year. If you're married, with a joint income of less than $150,000 and buying your first home, you're also eligible for … (0 comments)

 

J Schmidt

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