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$7500 Tax Credit, Opportunity of a Lifetime for First-Time Buyers
By Racheli | August 8, 2008
I am often asked: “Are we at the bottom of the bottom?”
With this new law and some other indicators like “The national home ownership rate — defying all gloom and doom predictions — jumped to 68.1 percent in the latest quarter, up from 67.8 percent”, I think this is it I truly believe it.
More home buyers mean more home sellers. Where do those sellers go? Yes to buy more hoses. The wheels of the Real Estate Market are starting to move, we are going some where.
Are you still an “on the fence” home buyer not sure if this is the right time to jump in the game?
Did you feel that just a few years back home ownership was slipping away from you due to the steep rise in home prices?
Well, if you answered yes to those questions you don’t need to wait any longer. Your dream of home ownership can come true if you act now TIME IS OF THE ESSENCE!
- The credit is available for homes purchased on or after April 9, 2008 and before July 1, 2009.
Do you know a friend who bought a home after April 9 this year? Share it with them. -
Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
- Married Couples can qualify to a maximum of $7500
- Single people can qualify to a maximum of $3,750
- You have to be a First-Time Home Buyers or a Renter who hasn’t owned a home in the last 3 years.
Here are some more resources
- Video News at a Glance
Watch the Mortgage and Real Estate Video New Channel you can sign up on the top right of this page.
Frequently Asked Questions
The Law’s Other Provisions
Home Buyer Resources
www.federalhousingtaxcredit.com
Please remember, We are here to serve you.
100% home loans
Down payment Grants
Seller concessions
And now the $7,500 Tax credit
Act now or you may have to waive this opportunity “Good By”
Have a question email us at info@loans-4-u.com or call Racheli at
Thanks, and I am looking forward for the opportunity to serve you.
866-927-5200 Ext 203
954-567-7300
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Topics: Articles, Home Buyers, Home Financing, Home Owners, Home Relocation, Home Sellers | No Comments »