The 2009 First Time Homebuyer ($8000) Tax Credit

To stimulate the economy and basically help sell more houses the government has enacted a tax credit for first time home buyers. Many people have been asking about this program and I would like to provide as many details as possible. This is a great program if you are a first time home buyer or it has been a while since you owned a home. You may qualify for this credit and not even know it. Unlike the “credit” from last year this is a true credit and does not need to be repaid unless you move before three years is up.

Here is a tax credit chart.

Just hover over any of these links and the information will appear. This information is provided by the NAR here.

This is a great opportunity to buy a home in the Eau Claire area. If you have been on the fence thinking about it don't hesitate and miss out on this huge credit. If you have any other questions please contact me immediately or give me a call at 715-894-1001.