FREE MONEY???

by Debra Ryll 23. March 2009 06:32
Yes, to the tune of an $8,000 federal tax credit for first-time homebuyers who purchase between January 1, 2009 and November 30, 2009.

To qualify, single buyers must make less than $75,000 income, and the limit for couples is $150,000. The home must be the purchaser's primary residence, and they must live in the home for three years - or pay the credit back. The homebuyer's credit is claimed on your tax return (if you've already filed 2008 you can amend your return). Any unused credit amount will be refunded in the form of a check. Sweet!

For more information:
http://www.realtor.org/government_affairs/gapublic/homebuyer_tax_credit?lid=ronav0019
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