I'm delighted to introduce SugarHouseHomes' newest feature contributor, Jennifer Berard, Owner and Principal Lending Manager of Mortgage America, Utah. With lending policies stricter than ever, Jennifer's years of experience and professionalism are a must for homebuyers. I'm convinced you'll be as impressed with Jennifer as I was when I first used her services, you can find her at Mortgage America Utah. Enjoy her first article!
TAX CREDIT FOR FIRST TIME HOMEBUYERS
I have received many questions regarding the NEW FIRST TIME HOMEBUYER TAX CREDIT. Earlier this year, the United States Congress passed the Housing and Economic Recovery Act of 2008. This bill includes a temporary tax credit for first time homebuyers of up to $7,500 for those who purchase between April 9, 2008, and July 1, 2009. This credit is available to anyone buying their first home or anyone who has not owned a home in the prior three years. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full credit. A home is eligible for the credit if it is any residence that will be used as a primary residence (single-family, town house, condo, etc.)
This is a great incentive for first time homebuyers! Now is a great time to look at purchasing a home. For more detailed information about the bill and the tax credit visit federalhousingtaxcredit
Jennifer Berard
Owner/Principal Lending Manager
Mortgage America, LC
TEL: 801-364-5100
JenniferBerard@msn.com
www.MortgageAmericaUtah.com
No comments:
Post a Comment