The deadline for the federal housing tax credit is quickly approaching. To take advantage of this momentous offer, home buyers must act by this Friday, April 30th.
If you are a first time home buyer and sign a purchase agreement before April 30th, you are eligible for a credit of 10% of the home’s purchase price – up to $8,000. Repeat buyers may also benefit from this tax credit. If you already own a home and have lived in it for at least five years, you may qualify for an existing home buyer’s tax credit of up to $6,500.
Some key facts regarding this offer:
This offer combined with 40 year record low mortgage rates makes it an optimal time to become a home owner.
In order to take advantage of this offer, it is important to remember that home buyers must have a binding contract by April 30th with the purchase completed by June 30th.
If you have any questions regarding the purchase of a home or the home buyer tax credit, I’ll be happy to discuss the details. Please feel free to contact me at (979) 255-1839 or by e-mail at: [email protected]
Clay Lee – Realtor
Century 21 Beal, Inc.
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