Buy a house and get $8,000 Back!!

$8,000 Homebuyer Tax Credit!

-The new American Recovery and Reinvestment Act of 2009 bill offers an $8,000 tax credit to first time home buyers!

-This first-time home buyer credit is available for people purchasing a primary residence on or after January 1, 2009 through December 1, 2009.

-The credit does not require a repayment.

-Many of the fundamentals of the credit will be similar to the act under the 2008 rules: The credit will be claimed on a tax return to reduce the buyer's income tax liability. If any credit amount remains unused, then the unused amount will be refunded as a check to the buyer.

If you are a First time home buyer, take advantage of this eight thousand dollar credit...this is a great opportunity to buy a piece of Real Estate!

Do you think that they should extend the credit, and why?

If you have any questions contact:

Oliver Graf
Real Estate Expert

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