What a great time to be a first time home buyer!

Mortgage and Lending with Morgan Financial

What a great time to be a first time home buyer

Did you know that if you have not owned property in the last 3 years that you are considered a first time homebuyer?  That means that you may be eligible for the $8000 first time homebuyer credit if you purchase a home before December 1st, 2009.

The program is fairly simple: 

•         Must be first time homebuyer - That means you haven't owned a home in the past three years, and your spouse hasn't either if you're married.

•         Purchase home before December 1st 2009

•         File an amended return on your 2008 tax return, or wait to file on your 2009 tax return

•         The credit is for 10% of the purchase price, up to $8000

•         The credit amount starts phasing out if you make more than $75,000, or $150,000 if you're filing a joint return.

•         Enjoy the benefit of an $8000 tax credit

With interest rates at historic lows, homes being aggressively priced, and an $8000 tax credit, now is an outstanding time to be a first time homebuyer!  But don't forget, this offer does have an expiration date.  To be eligible for this money, you must purchase before December of this year.  So call a Mortgage Professional, get pre-approved, and go out there and find your dream home!


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Home Buying
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Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC
Waters Realty of Brevard, LLC - Rockledge, FL
... a small office, delivering big service!

This is really a great incentive with the prices so reasonable in the Brevard County area. Joe, send me your buyers if they are looking in Viera and Suntree.

Jul 30, 2009 01:32 AM #1
Joe Harris
Morgan Financial - Melbourne, FL

Gary, it is a great incentive. 

As a mortgage professional, I work to qualify, approve, and service my clients.  While I do gain a great deal of my business from past "wowed" clients, I leave the marketing for clients up to my referal partners.  I do refer clients back to real estate professionals who I have a history with, and who I know will take the same kind of time with my valued clients as I do.  So, if you have any buyers who are looking for honest, ethical, over the top service, with no surprises, than please refer them to me.  When the time does arise, I will be sure to refer clients who are looking in those areas back to you.


Jul 30, 2009 06:59 AM #2
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