1st Time Home Buyer's

As part of the economic stimulus package, Congress has passed legislation allowing a tax credit of up to $8,000 for first-time homebuyers for homes purchased after January 1, 2009 until December 1, 2009. The tax credit is equal to 10% of your home’s purchase price up to a maximum of $8,000. If you’re a single taxpayer with an income up to $75,000 or if you’re married with an income up to $150,000, you qualify for the full tax credit which can be applied to either your 2008 or 2009 taxes. A major differentiation between this incentive and the tax credit offered last July is this is a true tax credit and does not have to be repaid. If taken advantage of, this just might add “a little more freedom” to your life. So if you’re a first-time homebuyers who has been “on the fence” about making a new home purchase, there is no better time than now to buy a new home.

Please Note

Be be considered a first time home buyer if you, and your spouse if you are married, did not own any other main home during the three-year period ending on the date of purchase.

IRS synopsis of a 1st time Home Buyer

In English and In Spanish

Please Contact me for more information at

Office - (410) 798-9768