Everything You've Always Wanted to Know About the New Home Buyer Tax Credit but were Afraid to Ask!
The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence.This is a perfect opportunity for finding Homes For Sale In Stanly County NC, MontgomeryCounty and Lake Tillery Real Estate. If you’ve been waiting for the right opportunity to buy a home, the time is now.At no other time in the history of real estate, do buyers have so many reasons to move forward and buy a Stanly County Home.Interest rates remain low, inventory is excellent, and homes are priced to sell.Best of all, both first-time and repeat buyers can reap the benefits of a tax credit.The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify. That’s money on the table, just waiting for you. On November 6, 2009 President Obama signed into a law a bill to extend the 8,000 first time homebuyer tax credit, and expand the tax credit to include a $6,500 credit for repeat buyers. In addition, buyers with higher income levels now can also qualify. Don’t let this opportunity pass you by. It’s a very good time to buy a home.Especially if you are looking for Stanly County Real Estate, Montgomery County Homes For Sale and Lake Tillery Real Estate.
Check out the website below, brought to you by the National Association of Home Builders.It contains everything many frequently asked questions about the tax credit and you.
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