Good time to buy, take advantage of the Tax Credit (edit/delete)
You are offered a special tax credit by Uncle Sam if you were to buy a home and even to certain current home owners. It is calculated at 10% of your home purchase price up to $7,500 and for those who have purchased a home between April 9, 2008 and June 30Th 2009. This is a tax CREDIT which means that it has to be paid back,, but you do have 15 years and there is no interest. The tax credit starts to phase out at $75,000 for single and $150,000 married income levels. I don't pretend to be a accountant but this is general information that has the real estate world buzzing.
Karen Dhillon,e-Pro,GRI
Realtor, Keller Williams Central Plano, Tx
661-210-6883-cell CA
214-840-9644-cell TX
Make Everyday A Premier Day!
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