Wednesday, April 1, 2009

Federal Tax Credit to Stimulate Home Sales

The revised Federal Tax Credit for First Time Home Buyers provides a potential $8,000 incentive through 2009. Please follow this link to find more detailed information:

For those who have not owned a home within the last three years, have some equity and are confident of their income source(s), this provides an additional reason to buy now to take advantage of the great home prices, low mortgage rates and this tax credit. You should of course consult with your advisers to understand how you go about ensuring the credit.