$8,000 TAX CREDIT FOR FIRST TIME BUYERS

Some significant facts on the $8,000 Tax Credit for First Time Buyers…

Allows first-time homebuyers purchasing a new or pre-existing home to be eligible for a tax credit up to $8,000.

Any home that is purchased for $80,000 or more qualifies for the full $8,000 amount. If the home costs less than $80,000, the credit will be 10% of the cost.

First-time homebuyers who purchase a principal residence on or after January 1, 2009 and before December 1, 2009 are eligible. The law:

Defines a first-time homebuyer as a buyer who has not owned a principal residence during the three-year period prior to the purchase, and

There is no repayment requirement for the 2009 tax credit unless the borrower sells the property within 3 years of closing or no longer occupies the property as their primary residence.

Additionally, you could possibly use this $8,000 towards the down payment for your first home.

To find out more about this program and to get started finding the home of your dreams, go to my website http://yvonnejohnson.yourkwagent.com, or contact me directly to discuss how I can help you meet your needs.

I appreciate the opportunity to earn your business.

Yvonne Johnson, Realtor, eAgentC
Keller Williams Realty
1208 E. Kennedy Blvd, Suite 232
Tampa, FL 33602
Phone: 813-865-0700 ext. 1244
Email: yvonnejohnson@kw.com
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