Home Buyer Tax Credit $8,000
With President Obama signing the stimulus package , there is a brand new version of the tax credit for home buyers. You can of course get this credit when using your VA eligibility to buy a home. Here are some highlights:
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)
You must take advantage of this offer by the end of Dec 2009.
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 us a 858-922-7899 (direct)
Sr. Loan Officer and FHA and VA Loan Specialist
858-922-7899 (direct)