$8000 Tax Credit for Wilmington Real Estate
June 29th, 2009 Posted in FinanceThis week in Wilmington Real Estate I would like to spotlight the tax credit of up to $8,000 now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009. The program defines a first time home buyer as someone who has not owned a pricipal residence in the last 3 years. A principle residence means a property where you lived the majority of the year in.
Unlike the tax credit enacted in 2008, the new credit doesn’t get repaid to the government. However, a critical part of this program is the ending date which will be here before you know it… December 1st. When you look at the timing of a 30 day closing period, a home search process taking atleast 30 days, before you know it the deadline has arrived.
Contact me today on my direct line at 910.620.8838 to learn about beginning your search now. I am always available to answer all of your questions about this wonderful program. Purchasing Wilmington Real Estate has never been more affordable.
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