Housing Economic Recovery Act of 2008
Tax Credit, Other Good News For First-Time Home Buyers!
If you're hoping - or planning - to become a first-time home buyer soon, the Housing and Economic Recovery Act of 2008 has plenty of good news for you!
If you're a first time home buyer or haven't owned a home in three years, you're eligible for a maximum, one time only tax credit of up to $7,500 if you're single and earning less than $75,000 per year. If you're married, with a joint income of less than $150,000 and buying your first home, you're also eligible for the maximum $7500 tax credit.
BUT... you must act quickly! This important tax credit is available only until June 30, 2009.
There are some amendments being proposed to extending and expanding this credit in the new economic stimulus package being considered in the US Senate. However, you should get started today by contacting The Housing Network, a great source for finding great deals on renovated properties and homes in South Metro Atlanta Counties of: Clayton County, Coweta County, Carroll County, Douglas County, Fayette County, South Fulton County and Henry County Georgia.
The Housing Nework, based in Newnan Georgia, offers flexible purchase programs for buyers with good, fair or poor credit. These programs include Owner Finance, Lease Purchase and Rent to Own home programs in south metro Atlanta. The home buying programs include credit development assistance towards obtaining longer, low interest FHA, VA, USDA and Conventional mortgage loans.
People interested in owning their own home and taking advantage of todays great bargain home buying deals are recommnended to submit a FREE, confidential, no obligation, Online Application form for pre-screening.