If you are a first time homebuyer, you are entitled to a First Time Home Buyer Tax Credit as a result of the “The American Recovery and Reinvestment Act” signed into law on February 17, 2009.
In order to take advantage of this program, you must CLOSE on your purchase by November 30, 2009. That only gives you 4 months to find a home, negotiate the contract, get your mortgage approved and close on the loan.
For more information on the specifics of the program go to http://www.barkerblog.com/2009/02/first-time-homebuyer-tax-credit.html
Call (708) 473-7688 or email me today if you have questions, or need info on getting a mortgage or a refinance. Advice and answers are always free! :)
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