Yippee! Congress has made it $8000 easier to buy your new home
The new Federal Home Buyer Tax Credit provides $8000 to help qualified first-time home buyers get into the house of their dreams. Described as the opportunity of a lifetime, this program has drawn a lot of interest from the first-time buyers market, which seems to remain strong here in Center City Philadelphia. Coupled with very low interest rates, and a softening of home prices in the area, perhaps now might indeed be a good time to buy a home in Center City Philadelphia.
For more information, please visit: www.FederalHousingTaxCredit.com
Mark Wade
www.CenterCityCondos.com
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106
Well the $8,000 is the maximum benefit to be received. It is either 10% of the cost, or $8,000 max, from what I understand. It’s still a great deal though, not bad for a “first time” buyer.
Comment by Imee — May 8, 2009 @ 6:13 am