First-Time Home Buyers Now is the Best time to Buy!!
Receive up to $8,000 in Tax Credit!
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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 fall and spring 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.
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For More Information Please Visit:
http://www.nahb.org/generic.aspx?genericContentID=128298