We
are available to answer any questions you may have,
and always happy to discuss your home-financing
options and possibilities.
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Frequently Asked Questions
About The 2009 First-Time Homebuyer Tax Credit
(Source: National Association of Realtors)
1.
How much is the 2009 first-time homebuyer tax credit?
The
2009 tax credit has been increased to $8000 for qualifying home purchases.
While the 2008 tax credit required the buyer to repay the credit over
time, this provision has been eliminated for the 2009 credit. Any home
that is purchased for $80,000 or more qualifies for the full $8000 amount.
If the house costs less than $80,000, the credit will be 10% of the
cost. Thus, if an individual purchased a home for $75,000, the credit
would be $7500.
Click
HERE to get all the Rebate details...
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The
Lowdown on Getting a Low Down Payment Loan
By Les Christie, CNNMoney.com staff writer
January 20, 2009: 6:51 AM ET
It's not easy for anyone to get a loan these days,
but the Federal Housing Authority is still offering 3.5% down loans
to borrowers who qualify. Here's
how it works...
NEW YORK (CNNMoney.com)
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