In case you missed it and it is not hard to do considering how our government doles out information. In August our higher up's better know as Congress passed legislation creating a $7500 tax rebate for first time home buyers when you purchase a home before June 30th 2009. Her are some things to know about the $7500 tax credit
- You can claim the $7500 on your 2008 taxes if you purchase before April 15th 2009
- You can file an extension to you 2008 taxes and close before June 30th
- If you have not owned a home in the last 2 years you are considered a first time buyer
Coupled with super low interest rates and an incredible inventory of homes you actual have more than $7500 great reasons to buy a home in 2009.
Not sold yet?
Take a look at the fantastic homes for sale
copyright 2008 The Russell Home Team www.SearchjocoHomes.com 913-681-1383
Finding your Johnson County Kansas Dream Home has never been easier, use our links to get started.
The Russell Home Team specializes in Johnson County Kansas Homes and Real Estate for sale. We are tech savvy realtors with over 10 years experience. Please join us on our Social Networking Network to stay up to date on Overland Park, Olathe, Leawood, Lenexa, Shawnee and all of Johnson Counties real estate news and more...
The Russell Home Team can be reached at 913-735-7104 or info@RussellHomeTeam.com or www.SearchjocoHomes.com
Michael- The Tax Credit is a great incentive for buyers. Also valuable right now are the current interest rates; interest rates sure make it more appealing for home buyers and should motivate them. In the article Time to Get Off the Fence and Into a Home, the same message comes in an atricle from NYTimes.com offered by Your Money. Another source with this message was from Smart Money, Time to refinance -- or buy a home?
Good job getting this message out. Happy Holidays!
Trey,
Thanks for dropping a line. I don't want buyers to say I didn't know.
This message can't seem to be given enough. It's also refundable if people don't have enough income to have it be a simple credit. But, it is also a loan and will be recaptured over 15 years -- but interest free.
Thanks! Michael, - good info and timely. My son is buying and this was a great reminder!
The new year can't come fast enough if you ask me.
Let's hear it for 2009!
Have a Merry Christmas!
Michael I like the headline. It certainly makes the program stand out for your local treaders. Well done, Karen