Home Buyer Tax Credit $8,000

By Amanda Kate Harry Charlie

President Obama and the government have agreed to give home owners a $8,000 tax credit to buy a home. Veteran can take full advantage of this.

#1 - you no longer have to pay back this tax credit if you buy your house between Jan 2009 to Dec 2009, and do not sell your home within 3 years

The tax credit is only good until December 2009.

If you owe less than $8,000 in taxes, the difference gets refunded to you The full amount of the credit is available to singles who make $75,000 or less, or couples who make $150,000 or less(tax credit phases out above those caps)

This tax credit is only good until December 2009

You can use your refund to do what ever you want with. A great vacation, a new car what ever.

Additionally, the stimulus plan is raising the FHA and Fannie Mae and Freddi Mac loan limits back up to $729,000 in many parts of California. This means better interest rates and lower down payments for buyers in those higher price categories.

Call Rob 858-922-7899 (direct)

FHA and VA Loan Specialist

858-922-7899 (direct)

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