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FIRST-TIME HOME BUYER TAX CREDIT

Why you should act now:

  1. The Tax Credit is available to first time home buyers and buyers who have not owned a principal residence in the last three years.

  2. The maximum tax credit amount is $8,000.

  3. The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.

  4. Income limits: single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

  5. The Tax Credit is not a loan; it does not have to be repaid.

Complete details can be found at: http://www.federalhousingtaxcredit.com

To speak with a Foxmoor Homes Team Member, call 800-237-9569 ext. 340.