Home buyer tax creditWe are coming up on a first time home buyer tax credit, time crunch. There are 20 days from today to get a home under contract that must close and fund by June 30, 2010. The first time home buyer , has not owned a home for the past three years, or has never owned a home and is eligible for a tax credit of up to 8%. Home owners who have lived 5 of the last 8 years in their primary residence and are buying a new primary residence qualify for a credit of up to $6500.
Posted by
Pat Maher
@ 3:01 PM
on 04/10/2010
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