December 1, 2009 is the cut off date for first time homebuyers to take advantage of the $8000 tax credit offered by the federal government. The property must close by this date, December 1, 2009!!
This also applies to anyone who has not owned a principle residence in the 3 year period prior to purchase. SO IT IS NOT JUST FOR THE FIRST TIME HOMEBUYER!
Single taxpayers with incomes up to $75000 and married couples with incomes up to $150,000 qualify for the full tax credit.
IT IS A FREE GIFT FROM THE GOVERNMENT that you never have to pay back as long as the house remains your primary residence for 36 months after purchase.
Please check out my post of July1, 2009, “Attention Homebuyers“… with further details.
It is already September, it takes time to look and make a decision. Time is awasting!!
Don’t miss this chance. Click on my home search link and find a home for you!