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asalmon@firstrealtyhomes.com
515-988-0638

$15,000 Tax Credit gets Scaled Back

If you have been following the stimulus package that I blogged about yesterday, you may notice that things have already changed. 

Here’s what I’ve been hearing today:

  • The tax credit is scaled down fro $15,000 to $8,000.
  • This is a true tax credit and does not have to be repaid.
  • This credit is for First Time Homebuyers only
  • I’m getting mixed information about the dates. Some sources are saying the home must close between 1/1/09 and 8/31/09.

When I know more I will post it.

Have more questions? There are definitely more answers. Feel free to connect with me via Facebook, Twitter, Text, Email, or by cell. I’m happy to help.

 

asalmon@firstrealtyhomes.com

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