Thursday, November 5, 2009

First Time Home Buyer Tax Credit

Breaking news this morning suggests Congress is going to be extending the first time home buyer tax credit and will be expanding the credit to home buyers who have owned their primary residence for at least 5 years.

The first time buyer tax credit will still be up to $8,000.00 and for repeat buyers the credit will be up to $6,500.00. This credit should open the floodgates to sellers who may have been sitting on the sideline waiting to sell as they may be able to offset some of the market losses they have taken over the past three years.

Click HERE for the full article.

Please call if you have further questions about this tax credit and how you might be able to take advantage of it.

Ben Grisinger
5280 Homes, Inc
720-936-4449 (direct)
720-457-3890 (office)
ben@my5280homes.com
www.my5280homes.com

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