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Important Information On The 2009 First-Time Homebuyer Tax Credit
If you are a first-time homebuyer, now is the time to buy. Recently the House of Representatives and the Senate passed the American Recovery and Reinvestment Act of 2009 which includes the first-time homebuyer tax credit. Basic outline of the proposed bill:
- The tax credit is good for a first-time homeowner's primary residence purchased Jan 1, 2009 to Dec 1, 2009.
- The tax credit is equal to $8,000 or 10% of home's purchase price.
- It does not have to be repaid.
- Tax credit is good for a first-time home owner, who is defined as a person who hasn't owned a home in the previous 3 years.
- Any unused portion of the tax credit is issued as a refund to the buyer.
- Income limit of an individual of $75,000 or $150,000 on a joint return.
More Information on the 2009 First-Time Homebuyer Tax Credit
2009 First-Time Homebuyer Tax Credit Frequently Asked Questions
Chad Sabatka - Real Estate Agent - HOME Real Estate, Lincoln, NE
Buying or selling a home can be a complex and time consuming process. This process should be an enjoyable and comfortable experience. As a REALTOR® for HOME Real Estate I strive to make buying or selling your home a pleasant experience. I will deliver you the Performance, Dedication, Knowledge, and Loyalty you deserve in the buying or selling process.
Whether you are a first-time home buyer, searching for your dream home, looking for that perfect fixer-upper, or trying to sell your current home, please contact Chad at (402) 641-1672 or send an email to Chad.Sabatka@HomeRealEstate.com.
This is your first home, buying your first home can be confusing. There are numerous steps from locating a home, scheduling showings, writing an offer, apply for financing, and closing. From my professional and personal experience I can clearly explain the process to you, the first-time home buyer, to help make this experience less stressful and easier to understand.
Many people have his or her ideal dream home. Finding this dream home can be tediously and a long drawn out process. Let me help you in the search for this home so you’re not attending weekly open houses, constantly checking real estate websites for new listings, or driving through neighborhoods in a search for those for sale signs. Let me make your dream a reality. There are thousands of homes listed for sale, let me help you sift through those unneeded or undesirably homes in search of your potential dream home.
In today’s housing market foreclosures are at an all-time high and it is the perfect time to find a diamond in the rough or cheap property. There are wonderful opportunities whether you intend to flip and sell for potential profit, or fix up the property to call it home. I have the resources, knowledge, and keen-eye to locate that perfect property for your needs. Most of these houses need minor work (paint, carpets cleaned, fixtures, landscaping, ect) and can be purchased for thousands less than appraised or tax assessed value.
With a professional background in graphic design, marketing, and advertising, I have knowledge and experience to get your home the traffic and exposure it needs. I will help provide you with professional insight to price your home competitively as well as devise a plan to aggressively market your home.
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