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Home Buyer Tax Credit
The Federal Government enacted a benefit to help make home ownership possible. The incentive gives first time home buyers a federal income tax credit of $8000 or up to 10% of the cost of the home.
The Government is also offering a $6500 tax credit for existing home owners who have been in their home for the last 5 consecutive years.
There has never been a better time to buy a home!
To be eligible for the tax credit- buyers must have entered into a purchase agreement by April 30th, 2010 and close on the property by June 30, 2010.
For more information or to start your home search now- call us today! 1-877-YOURPAD
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