Thinking about buying your first home? Close before June 30, 2010 and the government will give you FREE MONEY in the form of a tax credit or downpayment. No, you’re not dreaming! As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed legislation that grants a tax credit of up to $8,000 to first-time homebuyers.
The new bill includes up to a $6500. buyer credit to buyers who are purchasing a primary home. They must have lived in the home presently owned for 5 of the 8 previous years. They have till April 30, 2010 to make the purchase and June 30, 2010 to close.
And those who qualify for the federal $8,000 first-time homebuyers tax credit will be able to apply for downpayment assistance through the state of Florida or the Federal Housing Administration (FHA) before closing on their home; then repay the amount borrowed with funds from the tax credit.
You have until November 30, 2009 to find a home, secure financing and close the transaction to receive your $8,000 tax credit/downpayment. Contact me today to learn more about this program and to find your new home!
Want to get a head start? Contact me today for your own private consultation. View our open houses as well as our Featured Homes to start your home search. Visit the Homebuyer Resource Center to learn more about the $8,000 Tax Credit. Within the Resource Center, you will find everything you need to find & purchase your next home, from a complete property search of all the homes for sale in the Northeast Florida Multiple Listing Service (MLS), mortgage calculators and pre-approval information; register and create a customized property search tailored to your specific needs and get notifications of new homes coming on the market that meet your specifications! Prudential Network Realty... One Destination, Extremely Full Service!