|
|
|
If you've been thinking about purchasing a home, now is the time to talk to the professionals in the industry. President Obama has signed into law the Stimulus Bill. This action represents a tremendous step forward to stablizing the housing market. First-Time Homebuyer Tax Credit - maximum $8000 tax credit that is available for the purchase of a principal residence by a first time homebuyer or someone who has not owned a principal residence in 3 years; between January 1, 2009 and December 1, 2009. The credit does not require repayment. Individuals who purchase in 2009 using financing assistance from state and local mortgage bonds will be permitted to use the credit as well. |
|
|