The Southern Homes Blog

News and Happenings at Southern Homes

Oct/09

8

$8,000 Tax Credit for First Time Homebuyers!*

Time is running out! Don’t miss your chance to get up to $8,000 back on your federal tax return when you close on a new home before November 30, 2009. This is CASH IN YOUR POCKET that you do not have to pay back.tax-credit-art

A first-time homebuyer is defined as a buyer who has not owned a principle residence during the three years prior to purchase. For married taxpayers, the law tests homeownership history of both the home buyer and his/her spouse.

At Southern Homes, we have several move-in ready homes ready to close by November 30. Contact a Southern Homes Builder Representative today to find out more.

*Federal tax credit of up to $8,000 available to first-time homebuyers who close escrow on or before November 30, 2009.  Not all buyers will qualify.  Visit www.Federalhousingtaxcredit.com for complete details.

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