$8,000 Tax Credit going away December 1st, 2009
The First Time Home buyer Credit will be going away as of December 1st, 2009.
If you have NOT owned a home in the past 3 years you are a Frist Time Home Buyer!
Tax Credit will be 10% of the purchase price up to $8,000.
Income Limitations not to exceed the following to qualify:
Single $75,000
Married $150,000
Remember that escrows are typically 30-45 days. You must close escrow on your home prior to the December 1st, 2009 deadline date.
**Please remember to refer all tax information to your CPA or tax advisor**
If you have NOT owned a home in the past 3 years you are a Frist Time Home Buyer!
Tax Credit will be 10% of the purchase price up to $8,000.
Income Limitations not to exceed the following to qualify:
Single $75,000
Married $150,000
Remember that escrows are typically 30-45 days. You must close escrow on your home prior to the December 1st, 2009 deadline date.
**Please remember to refer all tax information to your CPA or tax advisor**
posted by George Langford at
10:09 AM
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