Thinking about buying a new home? It’s not too late to benefit from the First-Time Homebuyer Tax Credit. You may still be eligible for a tax credit worth up for $8,000.
Federal Homebuyer Tax Credit Summary
The current $8,000 tax credit available to First-Time homebuyers, and those who have not owned in the last three years, is extended to April 20, 2010. In addition a new tax credit in the amount of $6,500 for Repeat buyers has been created. A Repeat buyer is defined as an individual who has owned and resided in a home any five consecutive year period of the last eight years. Also the new tax credit may provide an additional extension for active-duty military personnel who serve outside the United States.
The Federal Homebuyer Tax Credit applies to home contracted for sale by April 30, 2010 and close by June 30, 2010 and does not have to be repaid.
LGI Homes Can Help!
With today’s historic low interest rates many people are finding out they can own a brand new home for less than they are paying in rent. At LGI Homes we have new homes starting as low as $599 per month.
LGI Homes is the leader in affordable housing for First-Time Homebuyers. With communities in Houston, San Antonio, and Fort Worth we have the perfect home for you and your family to realize the American dream of homeownership.
You have a limited time to take advantage of this Tax Credit. Take the first step towards homeownership and visit one of the beautiful LGI Homes communities today. For details and additional information on the Federal Homebuyer Tax Credit, visit FederalHousingTaxCredit.com.