$8,000 Tax Credit Available to Home Buyers until Nov 30, 2009

Published On: August 19, 2009

There is still time to take advantage of an element of the American Recovery and Reinvestment Act of 2009 that is targeted to home buyers.

Until November 30, 2009, you may be able to claim an $8,000 credit on your 2009 Federal income taxes.  What a terrific opportunity!

If you have not owned a home in the last 3 years, but purchase a home before December 1, 2009, then you may very well qualify for this credit.  For program details, visit the IRS Answers page.

It is important that you realize that your real estate transaction must close by November 30, 2009.  That means that you should make an offer on a new home by the end of September.  Act now, to be sure you don't miss out!

To learn more about the splendid homes available in Warren Township or Watchung Borough, please contact me.