$8,000 Federal Tax Credit Deadline Quickly Approaching

Posted Jul 23, 2009 @ 6:43 pm, Viewed by 254 Visitors, Read 260 Times.

DEADLINE:  November 30, 2009

In order to take advantage of the $8,000 federal tax credit, you must have closed on your home purchase by no later than November 30, 2009.  This tax credit is applicable to "first time home buyers" which means someone that is purchasing a primary residence for the very first time OR someone who has not owned a primary residence for the past 3 year period prior to purchase. 

I was recently working with a family who has been renting our their primary residence for appx 3 years.  I suggested that they contact their CPA to see if they would be considered as a "first time home buyer."  They were just shy about a month, so we waited until that 3 year time frame hit and then went out home shopping.  What a GREAT idea!  The Sherry and Maria Team just helped our clients receive a $8,000 tax credit that if they would have purchased a month or so earlier - they would not have been eligible to receive.

For more information on this credit, feel free to visit our website or go to the official website at http://www.federalhousingtaxcredit.com. Click on the Frequently Asked Questions for a quick overview. 

It's our job to stay up-to-date on ways to help you save money when buying or selling real estate. If you are a first time home buying considering making a purchase in the North Atlanta area, contact us to see if buying a home is the right move for you to make at this time.  We focus on the North Atlanta areas of Alpharetta, Cumming, Duluth, Johns Creek, Marietta, Milton, Roswell, Suwanee and Woodstock.   

Fresh Ideas...Fast Results!

The Sherry & Maria Team
Keller Williams Realty
Sherry 678-283-1710
Maria 678-548-5513
www.SherryandMariaTeam.com

 

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