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First-Time Home Buyers
Now is the Best time to Buy!!
Receive up to $8,000 in Tax Credit!
First-Time Home Buyers who make less than $225,000 anually ($125,000 if single) may qualify for an $8,000 tax credit if they purchase a home after November 6, 2009 and before April 30, 2010.
This credit comes from the American Recovery and Reinvestment Act of 2009.
To qualify as a First-Time Homebuyer you cannot have owned a principal residence in the past three years from the date of the qualifying purchase.
This tax credit does not have to be repaid. Therefore, this tax credit is a great opportunity to purchase a home and still have money for remodeling, furniture or other homeowner startup costs.
This spring and summer will be a great time for first time home-buyers. There are many properties to choose from, interest rates are at there lowest, and now this new credit.
Call us today!!
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For more information please visit: http://www.nahb.org/generic.aspx?genericContentID=128298
This information is not intended for the purposes of providing legal, accounting, tax advise or consulting of any kind. Please consult with your legal or tax professional for complete details.
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