$8,000 First Time Homebuyer Tax Credit

In an effort to stimulate home buying, first-time home buyers (and those who have not owned a home for at least 3 years) who buy a home beginning January 1, 2009 until December 1, 2009 will be eligible to receive a tax credit up to $8,000.  To be eligible for the full credit, the buyer's adjusted gross income must be below $150,000 for a couple filing jointly, and phases out up to a maximum adjusted gross income of $170,000 per couple.  The home must be your principal residence, and you must live in it for 3 years after purchase.  For more information, visit

http://www.federalhousingtaxcredit.com/

or give me a call or email.  It is a great time to consider purchasing a first home, with prices that are more affordable than we've seen in many years.

  • March 04 2009 - Livermore
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