Another advantage of a first time buyer!

Housing and Economic Recovery Act -
What It Means to You!

$7,500 First Time Home Buyer Tax Credit Congress recently passed and President Bush signed the Housing and Economic Recovery Act of 2008. Part of that Act provides for a $7,500 tax credit for “first time home buyers” defined as someone who has not owned a home in the previous 3 years.

There are certain restrictions so ask your tax advisor for all qualifications.