visit my real estate web site:

http://www.bobfoss.prudentialct.com/

Where you can search for properties, mortgages, school and community profiles, market reports, and open houses.

Thursday, March 5, 2009

New Stimulus Bill Enhances Tax Credit

♦ No “Repayment” Required

♦ Increased to $8,000 or 10% of Value
(whichever is lower)

♦ First-Time Home Buyers Only
(Have not owned a residence in the past 3 years)

♦ Owner Occupied/Principal Residence

♦ Recapture if Property Sold (in 1st 3 years)

♦ Income Limits
($75,000 individual/$150,000 couple)

♦ Available to December 1, 2009

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