$8,000 Home Buyer Tax Credit
The bailout is coming your way. The government wants you to buy a house.
2009 is a great year to buy, loan rates are very low, house prices are very reasonable and you get a tax credit for $8,000 if you buy a house.
The tax credit is only good until December 2009.
If you owe less than $8,000 in taxes, the difference gets refunded to you The full amount of the credit is available to singles who make $75,000 or less, or couples who make $150,000 or less(tax credit phases out above those caps)
2009 is a great year to buy if you are a veteran. Prices are low, Interest rates are at historic lows and now you get money from the IRS
You can use your refund to do what ever you want with. A great vacation, a new car what ever.
The stimulus plan allows for an increase in the Fannie Mae and FHA loan limits for CA, the limit is now $729,000 in many parts of CA.
Give me a call if you would like to discuss using a zero down VA Loan to purchase a home. Rob Chomentowski
FHA and VA Loan Specialist
858-922-7899 (direct)
