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Redding CA ~ First Time Home Buyers ~ Changes to the First Time Home Buyer's $8,000 Tax Credit!

By Jeanean Gendron

Real Estate Agent with The Address Realty BRE#01299346

June 07, 2009 08:47 AM

Woohoo! For FHA approved first time home buyers, the federal government will now give you up to $8,000 for additional down payment, closing costs or buydown for your loan.

You can now use your anticipated tax credit towrd your home purchase now rather than wait. The Federal Housing Administration (FHA) will allow first time home buyers to apply the $8,000 tax credit toward the purchase cost of a FHA-insured home.

The home must be purchased before December 1, 2009. Call today and let me help you find your new home. This provides first time home buyers stronger buying power in getting their first home.

Don't wait, now is a good time as interest rates begin to climb. Use this wonderful tax incentive to puchase your first home. These changes to the First Time Home Buyers Tax Credit benefit you greatly.

I am Jeanean Gendron, your Redding and Shasta County Specialist. I can be reached at 530 276-7417. I answer my phone. You can visit our website or blog site to learn more about buying your first home or Redding and Shasta County Real Estate.