$8000 First Time Home Buyer Tax Credit (8K)

Get paid by the Government to buy a house

This is an unprecedented time in history for first time home buyers. The government is paying any first time home buyers up to $8000 when they purchase a home to use as their primary residence. The tax credit is calculated by multiplying 10% by the purchase price of the home (The tax credit can be up to $8000 on the purchase of an $80,000 dollar house or more).

How do you qualify for the first time home buyers tax credit?

• You must be a First Time Home Buyer or not have owned a home for 3 years
• You must use the home as your primary residence
• You must have a purchase agreement signed by April 30th, 2010 (Get Pre-Approved NOW!) to close by the June 30th, 2010 Deadline!
• How do I get the money? Claim the tax credit on your federal income tax return.
• Are their income limits? Yes - Single $75,000, Married $150,000.
• Do I have to wait to get the money? No - You can amend your previous tax return to get the money fast!

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