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| $8,000 from the IRS to buy a home |
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| Written by Jason |
| Sunday, 08 March 2009 10:11 |
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With President Obama signing the stimulus package , there is a brand new version of the tax credit for home buyers. You can of course get this credit when using your VA eligibility to buy a home. Here are some highlights: The tax credit is only available if you have not owned in the last 3 years. If you owe no taxes, you get the full $8,000. Say you owe $2,000 in taxes, you will get a $6,000 tax refund check for buying a house in 2009. If you owe taxes the credit will go towards that, if you owe less than $8,000 you will get a refund. So if you owe $1,000 in taxes you will get a $7,000 refund. 2009 is a great year to buy if you are a veteran. Prices are low, Interest rates are at historic lows and now you get money from the IRS You could use the refund to buy nice new furniture for your new home. Additionally, the stimulus plan is raising the FHA and Fannie Mae and Freddi Mac loan limits back up to $729,000 in many parts of California. This means better interest rates and lower down payments for buyers in those higher price categories. Call Rob 858-922-7899 (direct) Sr. Loan Officer and VA and FHA Loan Expert 858-922-7899 (direct) About the Author: The Federal Government want you toy buy a home, they will give you $8,000 Get a VA or FHA home Today HERE. Kindly provided by LJ-Marketing.dk You are welcome to use this article on your own website, if you include the link just before this text. |
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