Buying your first home can be a terrific experience.  It’s the American Dream, owning your own home.  And with the federal government on your side, you have an added incentive to take the leap and get a place of your own.  The $8,000 first time homebuyers tax credit is free money, but there are some things you need to know to make sure you qualify.

IMPORTANT: You must be SETTLED on your home (meaning all papers signed, the home in your name and the keys in your hand) by NOVEMBER 30, 2009 in order to claim this credit.

As we say in real estate, TIME IS OF THE ESSENCE!

This video does an excellent job of explaining the tax credit and who qualifies.
http://www.federalhousingtaxcredit.com/2009/resources.html

Here’s some information directly from the IRS:
http://www.irs.gov/newsroom/article/0,,id=204671,00.html

And remember to file IRS form 5405 to claim your credit!  Here’s the form:
http://www.irs.gov/pub/irs-pdf/f5405.pdf

Questions?  Ready to find that house? Call us at 301-785-5889 – we can help you locate a great first home NOW, so you can settle in time to take advantage of this FABULOUS deal!

We’re here to help.