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$8,000 Tax Credit

It's a Great Time to Buy a Home!
For aspiring home owners who find their goal stubbornly elusive, newly enacted legislation providing a tax credit of as much as $8,000 for first-time home buyers or those who haven't owned a home for the last three years might just be the opportunity of a lifetime. However, this opportunity won't last forever. Only homes purchased on or after January 1, 2009 and before April 30, 2010 are eligible. To learn more about the tax credit, call a Homes Direct sales representative today.

Quick Facts on the Tax Credit:

  • The tax credit is available for first-time home buyers or those who have not owned a home for at least three (3) years
  • The tax credit does not have to be repaid
  • The tax credit is equal to 10% of the home's purchase price up to a maximum of $8,000
  • Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit
  • The credit is available for homes purchase on or after January 1, 2009 and before April 30, 2010