Thursday, April 16, 2009
First Time Home Buyers? Could You be at the Advantage?
First time home owners may qualify for a tax credit if they a can answer yes to the following three questions.
1). Are you married and is your modified adjusted gross income less than $150,000?
2). Have you and your spouse had NO home ownership in the past three years?
3). Do you plan to stay in the new home for at least three years?
Even if you have owned a home in the past however, in the most recent three years you may qualify! In this economy it is important to know all opportunities that are out there and help our buyers take advantage whenever possible. It is our responsibility to help buyers understand how it works, what it means to them, and why they've got to "get off the fence" and take advantage of it now.
And thank you for making me Your Orange County Real Estate Connection.
Michael Caruso, Broker ABR ABRM CRB CRS GREEN GRI
2007 President, Orange County Association of Realtors
Posted by Michael A. Caruso at 1:00 PM