Monday, March 30, 2009

Reward for First Time Homebuyers!

It is nice to know that those who are "Wanted" actually get the $8,000 REWARD!

The government is finally providing something as a "stimulus plan" for not only 1st time buyers but also for those who have not been on title to a home in over 3 years.

One of the best parts about this reward is that a buyer can still get the $8,000 this year! If you purchase a home before the program expires in December, you can ammend your tax filing and get money back this year without having to wait for your tax filing for 2009!

Obviously, the program is meant to be a stimulus to the Real Estate market but the best way to look at this as a home buyer is to view it as a rebate on your down payment from Uncle Sam!

There are some subtleties that apply into the program wherein a person who currently owns a rental home but is not on title to another home can actually qualify for this program as well.

To learn more about how you can take advantage of this REWARD please feel free to contact either Linda Greco or Frank Gilmartin, when it comes to respective questions regarding Real Estate or Mortgages. Call Linda at 410.838.1266 ext. 122 or Frank at 410.808.5551.

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