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$8,000 Tax Credit Answers

We have been asked by several clients about the $8,000 tax credit.  We found a great YouTube with answer to nearly every question regarding the $8,000 tax credit.  Check it out.

 

Here’s our understanding  of the $8,000 home buyer tax credit at a glance:

  • The tax credit is for first-time home buyers only.
  • The tax credit does not have to be repaid.
  • The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
  • The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
  • Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit

Are you ready to take advantage of this tax credit?  It offer expires on November 30, 2009.  Let’s get started.  It takes time to find the right home.  Give us a call today.  On your mark, get set, buy………..

About the Author: Joyce Zangmeister

Joyce has been in a Realtor in the 805 for over two decades. She represents buyers and sellers in Thousand Oaks, Camarillo, Ventura, Oxnard, Simi Valley and Moorpark. Her motto is "Doing Real Estate Right." Joyce can be reached at (805) 377-7172.

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