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FIRST-TIME HOMEBUYER TAX CREDIT Frequently Asked Questions
In 2008, Congress enacted a $7500 tax credit designed to be an incentive for first-time homebuyers to purchase a home. The credit was designed as a mechanism to decrease the over-supply of homes for sale.
For 2009, Congress has increased the credit to $8000 and made several ...
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Check out this Video. It explains in detail how the First time Home buyer tax credit works. It's even better than I thought.
http://www.youtube.com/watch?v=qIVb2ordwNQ
If you have questions or looking to buy or sale real estate please feel fre to call or email me. You can find all my information on my website:
www.AtHomeInTN.com ...
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Time is fast running out for first-time buyers hoping to get a tax credit of up to $8,000, and Realtors say they're seeing a marked upswing in interest as the deadline looms.
Real estate groups also are urging Congress to extend the credit beyond its current deadline and expand the tax credit to up to $15,000. Now, buyers must close on their ...
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