$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

About Amber

Amber Salmon is a realtor in Des Moines, Iowa. She lives in Urbandale, Iowa with her husband and two children. Born and raised in the Des Moines area, Amber knows the area well. If you're thinking of buying or selling a home in Des Moines or surrounding areas, give Amber a call.
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