Housing and Economic Recover Act of 2008
As part of the "Housing of Economic Recovery Act of 2008" that was recently signed into law, Congress has createda new, temporary federal income tax credit to provide an incentive for first-time homebuyers. The National Association of Realtors® has prepared a quick reference chart and Frequently Asked Questions document for reference. Click on the links to learn more.
Click here to view the quick reference chart.
Click here to view the Frequently Asked Questions document.
Note: According to the terms in this Act, you are a 1st time homebuyer if you have not owned a home in the past 3 years.
If you have further questions or want to talk to someone about taking advantage of this offer. Contact us today:
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