Current homes for sale in Hollywood Park, San Antonio Texas 78232.
For more information or a free San Antonio home search go to my website www.HollyGHomes.com
Saturday, August 22, 2009
Thursday, August 20, 2009
8K Tax Credit - Time is Running Out!
If you are a first time home buyer or have not owned a home in the past three years, you should be able to take advantage of the $8000 tax credit. There are a few guidelines that go along with this credit. The credit is 10% of the price of the home and not to exceed 8,000 dollars, personal income should be $75K per year or less/$150K per year for married couples or less AND you must live in the home for at least 3 years after purchase in order to NOT have to pay the credit back.
The big takeaway for the moment is that time is getting short! You must close on your home by November 30,2009 to be able to file for this credit on your income tax forms.
Interest rates are low and home prices are still affordable so don't wait to find and purchase your home if you don't have to.
For more information about this topic or for a free San Antonio home search, go to my website
www.HollyGHomes or email me at hollyg@kw.com.
The big takeaway for the moment is that time is getting short! You must close on your home by November 30,2009 to be able to file for this credit on your income tax forms.
Interest rates are low and home prices are still affordable so don't wait to find and purchase your home if you don't have to.
For more information about this topic or for a free San Antonio home search, go to my website
www.HollyGHomes or email me at hollyg@kw.com.
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