Grab 8000 Follars In Free Money!

The first time home buyers tax credit is a great opportunity, not just for Stratford CT home buyers but for home buyers across the country.

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What makes the $8000 tax credit so great is that unlike the $7,500 tax credit done last year, the 8k credit does not need to ever be paid back. It’s totally free money!

Here are four more facts you should know about the 2009 home buyers tax credit that first time home buyers here in Stratford must take advantage of:

1. The credit is worth either 10% of the homes value or $8,000. You are entitled to the less of the two.
2. There is an income limit of $150k adjusted gross income for couples and half that for those single home buyers.
3. If you are married but file separately you can each file for half of the tax credit.
4. The 8000 dollar tax credit applies to purchases from January 1 to December 31.

If you have any other questions about the first time home buyers credit use the comment box below. I’ll answer all of your questions here on this page.

I’m available to help anyone looking for a house in Stratford and the surrounding areas. There’s also a second half to this blog post coming in the next few days where I will outline five more important facts about the $8000 tax credit.

Stay tuned and happy home hunting,

Scott

P.S. – I’m getting a lot of questions from you guys about the tax credit by email. I’ll be answering many of them in upcoming posts so don’t forget to subscribe to the RSS feed.