Most of you are now aware of the government’s new Homeowner Affordability and Stability Initiative and the Tax Credit of $8,000.00 for “new home buyers.” For this Tax Credit a “new home buyer” is defined as not having owned a principle residence during the three-year period prior to purchase. Two good links explaining the Tax Credit for new home buyers are:
http://www.newquestcity.com/templates/contentpages/stimulus/firsttimehomebuyer.cfm
http://money.cnn.com/2009/02/13/real_estate/homebuyer_tax_credit_finalized/index.htm
Review this information and use this to your advantage. Please contact me if you have any questions regarding the Tax Credit.
William (Bill) D. Tucker, III, Sr. Partner
Real Estate Attorney
Tucker Griffin Barnes P.C.
434-973-7474
Tucker@TGBlaw.com
www.TGBlaw.com
www.TGBlaw.blogspot.com
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