To stimulate the US housing market, Congress passed legislation that grants a tax credit up to $8,000 to first time buyers.  The definition of a “first time buyer” is the purchaser (or spouse) may not have owned a residence during the three years prior to the purchase.

However, time is running out…first time buyers must purchase their home prior to December 1, 2009.  To clarify, you must have closed (or settled) on your home prior to December 1. 

Take advantage of this tremendous opportunity while it’s available.  We are all hoping that the tax credit is extended however there are no guarantees. 

Give me a call (623-8508) for more information or to get started on looking for your new home.