New First Time Buyer Tax Credit

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Categories: Buyers Posted on August 7th, 2008

If you are a first time buyer Uncle Sam is offering a nice incentive of up to $7,500 for buying your first home or if you haven’t purchased a home in the last 3 years.

The credit is more like a loan in that it does have to be paid back over 15 years. However, with no interest compared to a 7% loan you could save up to $4,200 over a 15 year repayment period.

Check Out This Site For More Information

This entry was posted on Thursday, August 7th, 2008 at 11:02 AM and is filed under Buyers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.