The 2009 First-Time Home Buyer Tax Credit is meant to stimulate the housing market. Congress passed legislation that gives first-time buyers a tax-credit of up to $8,000.
In order to qualify for this break, you must: 1. Purchase a home between January 1, 2009 and December 1, 2009. 2. The home buyer or their spouse must not have owned a home during the three previous years before the purchase of their current home. In addition, the 2009 First-Time Home Buyer Tax Credit may only be applied to primary residences which include; single-family homes, condos, townhomes, and co-ops.
This government grant is a great opportunity for those who just need that little bit of help to obtain their dreams of owning a home, as well as getting things moving within the market. Taking advantage of this opportunity, in addtion to the availability of foreclosures for sale, now would be a great time to buy!
Roberta (Bobye) Chasey
Chasey Realty INC
Owner/Broker
www.bobyechasey.net
bobyechasey@tampabay.rr.com
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