First-time home buyers, now is the time!
Up to $7,500 will be given to first-time home buyers when they file their annual tax return. This credit is only good up to a certain income level, can be no more than 10% of the purchase price, and will end on or about July 2, 2009.
Yes, restrictions do apply. And yes, this credit must be repaid. However, the terms are excellent.
Use a good REALTOR®, negotiate a Seller concession toward closing costs, and win long term. Money today is worth more than money tomorrow.
This is a great time to buy a home…
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