In this video from the National Association of Home Builders, Rob Dietz, Ph.D., director of tax issues, discusses the $8,000 first-time home buyer tax credit. Please contact me for further information or to proceed with your purchase. Please note that it is my understanding that a parent (who already owns a home) and purchases a home with their child would not disqualify the child from the Federal Tax Credit - good news! Please check with your financial advisor in all tax matters or contact me for a referral to a tax advisor.
The window of opportunity is closing for first time home buyers, in that settlement of the purchased home must take place by December 1, 2009. The time to start looking is now. Beat the rush - contact me for an appointment today!