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Changes to Real Estate Tax Credit

Recent changes concerning the Tax Credit for first time homebuyers has been modified in the new stimulus pacakge signed by President Obama this week. The major change is that this money DOES NOT have to be paid back. I urge anyone who is in the market to buy to seriously look at the benefits of this credit.

If you are currently in the market for a home, you should contact your REALTOR, mortgage professonal, or tax preparer, to help you determine whether this Tax Credit is applicable to you and your family. If you do not have a REALTOR, you can feel free to contact me at any of my listed numbers.

Randy Landis, EXiT Realty Premier (662) 842-7653

Information downloaded as provided by the National Association of Realtors.

Posted Tuesday Feb 17

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