Go to www.SmartHomesHQ.com for all Bank Owned, REO, and Foreclosures in Kalamazoo, MI.
Most buyers want to know if they qualify for the first time homebuyer tax credit, and what most people do not understand is that its not a first time home buyer tax credit. Its a credit to homebuyers who have not owned a home within 3 years.
Here's a link to the corresponding website for all the info. http://www.federalhousingtaxcredit.com/2009/index.html
What the credit is? It's a return on the following years tax returns for 10% of the sales priice, up to a maximum of $8,000. Which in Kalamazoo, MI, or Portage MI Real Estate has a hard time getting up to $80,000 because home price have dropped.
Portage, MI Bank Owned, REO, or Portage, MI foreclosure buyers also have the opportunity to obtain credits. Just go to http://www.portagemi.gov/ to get more info.
www.SmartHomesHQ.com for finding the Homes Value in Kalamazoo, MI
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