1st Time Home Buyer Tax Credit

By
Real Estate Broker/Owner with Fallon Associates Realty Inc. 31FA1165363

I am enjoying success with the new tax credit available to first time home buyers. With up to an $8000. credit and the new ruling on FHA loans for monetizing this at closing, a number of customers are stepping up to take advantage of this. As I explain it to them, this is a huge incentive which is unprecedented. Once we understand their financial position, I work hard to find my buyer(s) the home of their dreams! I definitely believe this government sponsored tax incentive (and obviously the current low interest rates) will result in improving our economy and contribute to the American dream of homeownership for many!

 

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Bernard P. Fallon

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