Denver real estate – $8,000 Tax Credit for First Time Home Buyers

If you purchase and close on a home by December 1, 2009 the government will give you a tax credit for $8,000 which does not EVER have to be paid back! That’s right… if you are a first time buyer and are wanting to buy a home this year than this incentive is for you.

There’s also great news for those who had already purchased a home in 2009. The bill that President Barack Obama signed is retroactive for those home buyers who bought earlier in the year.

If you are a first time home buyer or know of one, please call me to see how you can take advantage of this tax credit and become a proud home owner this year!

Below is a chart I’m posting from the National Association of REALTORS® This should help everyone understand the benefits more clearly: