Home Buyer Tax Credit $8,000
March 6th, 2009. Published under Mortgage. No Comments.
President Obama and the government have agreed to give home owners a $8,000 tax credit to buy a home. Veteran can take full advantage of this.
2009 is a great year to buy, loan rates are very low, house prices are very reasonable and you get a tax credit for $8,000 if you buy a house.
The tax credit is only good until December 2009.
If you owe less than $8,000 in taxes, the difference gets refunded to you The full amount of the credit is available to singles who make $75,000 or less, or couples who make $150,000 or less(tax credit phases out above those caps)
You must take advantage of this offer by the end of Dec 2009.
You can use your refund to do what ever you want with. A great vacation, a new car what ever.
FHA and Fannie Mae loan limits are now back to $729,000 in most of CA. You can get a lot of house in CA again for $729,000.
Give me a call if you would like to discuss using a zero down VA Loan to purchase a home. Rob Chomentowski
Sr. Loan Officer and VA and FHA Loan Expert
858-922-7899 (direct)