Westside Properties

Buying a Home


Buying

Buying a home is one of the biggest decisions - both financially and emotionally - you will make in your lifetime. If you're a first-time buyer, you're probably thrilled about making the jump from apartment renting to owning your own house. While you're excited, however, you also may be a bit overwhelmed by the procedures involved. Relocating or move-up buyers have the advantage of past experience, but still might need a refresher course on the intricacies of the process.

The buying process involves several steps, from finding a REALTOR® to making an offer to closing the deal. Whether you're a first-time or experienced buyer, you'll find an array of information here that will assist you on your way to realizing your goal of homeownership.

What is the $8,000 Home Buyer Tax Credit and how can it help you?

  • The tax credit is for first-time home buyers only.
  • The tax credit does not have to be repaid.
  • The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
  • The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
  • Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

For more information please visit: http://www.federalhousingtaxcredit.com/2009/home2.html.

Contact us now to take advantage of this credit when purchasing your next home.

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Tax Credits = Cash
If you earned $41,646 or less in 2008, you may be eligible for an IRS Earned Income Tax Credit refund of Saving for a rainy day!up to $4,824. What will you do with all that extra cash? Why not save for a downpayment on a home?

-   Learn more about IRS tax credits
-   Learn more about buying a home

Contact us now to take advantage of this credit when purchasing your next home.

 

 

 

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