My New Blog

Re: New First Time Home Buyers Tax Credit

This Is A Great Time To Buy Your First Home!!!!.

For all first time home buyers OR for those that have NOT owned a home in the last three full years

The new tax credit is as follows: $7500 applied to this year but will have to be paid back

OR

$8,000.00 tax credit for homes bought this year but applied to tax year 09 and then DOES NOT HAVE TO BE PAID BACK

The calculation is as follows:

It is 10% of the purchase price or $8,000.00 which ever is less

John Shaw

VanDyk Mortgage

http://www.mtgbuy.com

336-753-0844

Get Qualified Today at:

336-753-0844

VanDyk Mortgage

FHA Loans

NC Home Loans