First Time Buyers get a credit.

First time buyers will receive a one time tax credit of up to $7500 if they purchase a home between now and June 2009. There are some limitations and the credit which counts against your tax bill may have to be repaid if the house is sold early. This will definitely help stimulate the market, if you area first time buyer you may want to act now…

Related posts:

1. Governer signs tax credit bill into law, extends buyers credit!
2. Buyers Beware!
3. Investors returning to the market!
4. First time home buyer tax credit.
5. CA 1st time homebuyer tax credit is running out!

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