New First Time Home Buyer Tax Credits!

Buy a Home in College Station and get $8,000 BACK!!!
February 24, 2009
Help Do I Qualify For the $8,000 Tax Credit in College Station?
February 26, 2009

New First Time Home Buyer Tax Credits!


First Time Home Buyers get a big tax credit the year they purchase the home!!!

“Yeah, but I gotta pay it back over the next 15 years right???”  WRONG!!!

The New Stimulus Bill Has Changed the First-time home buyer credit:  It has increased to $8,000 for qualified first-time homebuyers purchasing homes after Dec. 31, 2008 and before Dec. 1, 2009; repayment requirement waived unless sold or no longer principal residence within 36 months

“So I can get a $8,000 tax credit for buying a home and dont have to pay it back???” RIGHT!!!

Only a few fairly modest “Stipulations” including:

-Credit is 10% of purchase price up to $8,000… If you purchase a home that is less than $80,000 youll only be eligible for 10%     LOL: “ONLY be eligible”

The new $8,000 credit begins to phase out for individuals with incomes over $75,000 or married couples with incomes over $150,000 filing jointly.

This is awesome news for most first time home buyers in College Station TX!!! 

If you are a first time home buyer or are interested in more information Please Call Jefffrey Leatherwood @ 979.255.2788 or email [email protected]

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