First-Time Home Buyer Tax Credit Details

The newly signed stimulus bill has good news if you purchase a home this year. You will now receive an $8,000 credit and you will not have to pay it back. If there is ever a time to buy a home, it is now. Here is a handy chart that gives you all the benefits to purchase a new home this year:

Click here for a pdf chart (compliments of the National Association of REALTORS®) which outlines the benefits.

There is other information at these links:

Right from NAR’s Site

Stimulus info from CNNMoney.com

I’ll be glad to answer any questions about the stimulus package for new home buyers and other incentives available to you. There is no better time for excellent house bargains and incentives.

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