What is it? Who is eligible?
- Buy a home on or before December 1, 2009
- Claim a tax credit of up to $8,000 on your 2009 tax return
- Applies only to first-time homebuyers and principal residences
- Available to single homebuyers with a modified adjusted gross income of $75,000 or less; married couples earning $150,000 or less
- Tax credit does not have to be repaid
When you combine low interest rates, reduced house prices, a number of homes available for sale,
and First Mortgage Company's Job Loss Payment Protection, there's no better time to
move your family into a house than right now!
