First Time Homebuyer Tax Credit: You may claim on your 2008 return!

Buying a home has many benefits... but now you may receive a tax credit!

Purchase a home between January 1, 2009 and April 15,2009 you have the option to claim your $8,000 credit on the 2008 return due on April 15.

To Qualify for the Tax Credit you must...

• Close before December 1, 2009 to receive the tax credit.
• Be a first-time home buyer.
• Keep the home as your primary residence for three years.
• Purchase a home $80,000 and above for full credit.

You can not receive the tax credit if...

• Your income is over the allowed limit.
• You buy a home from a close relative. This includes your spouse, parent, grandparent, child or grandchild.
• You stop using your home as your main home.
• You sell your home before 3 (Three) years.
• You are a nonresident alien.

Contact me @ brenda@imsiloans.com

and

I will send you the Freqently Asked Questions & Summary of Tax Credit

I am a Realtor & Lender so I can anwer any questions you may have about purchasing a home, Selling a home or financing a home. I look forward to hearing from you!

Brenda Tressler

Realtor/Lender

brenda@imsiloans.com

(931) 206-1907 Cell