Friday, October 23, 2009

First time homebuyers credit

Thinking of relocating to Hatteras Island? If you are a first time homebuyer there are options for you to consider and take the credit the government is offering. This credit is due to expire December 1, 2009.

There are options besides a house, you can also purchase a mobile home and land and qualify for the credit. The credit is 10% of the purchase price of the home, with a maximum available credit of $7,000 ($8000 if you purchase your home in 2009) for either a single taxpayer or a married couple filing a joint return, but only half of that amount for married persons filing separate returns. The full credit is available for homes costing $75,000 or more ($80,000 if purchased after Decc. 31, 2008, and before Dec. 1, 2009). Visit us at www.obxhomes4u.com for featured homes.

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