Step right up & get a pocket full o’cash!!                                                                                                            

The new developments of the 2009 First Time Home Buyer Tax Credit provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009. The credit does not require repayment.
Most of the mechanics of the credit will be the same as under the 2008 rules: the credit will be claimed on a tax return to reduce the purchaser’s income tax liability. If any credit amount remains unused, then the unused amount will be refunded as a check to the purchaser.

Click here to see a breakdown of the qualification requirements & guidelines…

Please pass this along to anyone you know who’s thinking of Buying – or maybe even thinking of Selling.  This credit will offer opportunities for both.  More (motivated) Buyers in the market means good news for Sellers, so although the Seller wouldn’t benefit on their next home purchase, this could actually be the best time in the past year or so to get ‘on’ the market with an increase of buyers out there with new incentive.  And remind married couples, if only one of the 2 are on the deed, then the other could “purchase” their next home and potentially benefit from this tax credit as well…just a thought!

Click to email us > we’re here to help…

Warmest Regards,

The Kelly Sells Atlanta Team
Your Neighbors | Your Real Estate Experts
> focus forward…focus on opportunity >>

This entry was posted on Friday, February 20th, 2009 at 4:12 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.