Time is Running Out for 1st Time Homebuyers!

TIME IS RUNNING OUT....

Do you want $8,000?

Are you a First Time Home Buyer?

You must close on your new home by December 1, 2009!

The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. The tax credit is equal to 10% of the home's purchase price up to a maximum of $8,000.

A first-time home buyer is someone who has not owned a principal residence in the past three years.The income limit for single taxpayers is $75,000; the limit for married taxpayers is $150,000 filing a joint return.

This tax credit does not have to be repaid provided you own the home for three years.

So, if you are a first time home buyer contact a Coldwell Banker Prime Properties professional real estate agent today.

Sharon Way

Sharon Way

Licensed Associate Real Estate Broker
Contact Me