GET PAID for buying your first home! Information on 2009 $8,000 new home buyer tax credit !!

2009 Homebuyer Tax Credit

 

1)  Must buy a primary residence home between January 1, 2009 through December 31, 2009

2)  Must owner occupy the home for 3 years otherwise credit must be paid back

3)  Income must be less than $75,000 for individuals ($150,000 for couples)

4)  Cannot have owned a home for the past three years

5)  Tax credit is 10% of homes sale price up to $8,000 maximum credit

6)  Tax credit claimed on 2009 tax return (year home purchase occurred)

 

REMEMBER - As long as you live in the home for 3 years, you do not have to pay the 8,000 back! The 2008 tax credit of 7,500 was basically an interest free loan that was to be paid back, but not this one!! 

 

Ready to buy your first home? Call Jake Lee 843-240-0431 or Ann McKinnon 843-907-6899 to get started ! You can also browse homes on their website at www.SCRealEstatePartners.com 

Also, there is 100% financing available in certain towns like Conway, SC for example. You can acctually buy a home with almost nothing down!! 

Published 17 February 09 09:16 by Jake Lee

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