The current market presents an opportunity of a lifetime for first time buyers. The combination of readily available mortgage financing, low interest rates, lower prices, and abundant inventory puts all the benefits of home ownership within reach of many people who thought it impossible.
First time buyers can also take advantage of the up to $8000.00 First Time Buyer Tax Credit available as a part of the Housing and Economic Recovery act of 2008 which was recently increased and extended through December 1st. You will soon be able to go to www.IRS.gov/newsroom and search for Tax Credits to find out details of the program or go to www.FederalHousingTaxCredit.com. Better yet, talk to a Tomie Raines, Inc. agent. They will be able to talk to you about the many benefits of home ownership.
Don’t wait and risk letting this opportunity pass you by.
Download Tax Credit Form