Massachusetts Home Search E-mail Updates
Buyers will receive a refundable tax credit of up to $8,000 on their 2009 income tax return!
* First-time homebuyers and those who have not owned a primary home in the last three years are eligible.
* Full amount of the credit is available for individuals with an adjusted gross income of no more than $75,000 ($150,000 joint return). Credit phases out above those caps.
* The credit is retroactive and can be claimed on an individual or joint tax return for the purchase of any principle residence that closes between January 1, 2009 and November 30, 2009.
* The credit is claimed on a tax return to reduce the purchaser's tax liability. Any credit amount unused will be refunded to the purchaser.
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What a great time to be a Buyer! Home prices have fallen dramatically, Sellers are motivated to negotiate, interest rates are at all time lows AND Bank Owned Foreclosed Properties and Short Sales are in the MLS! Please call 508-393-3383 or e-mail us at mtoomy@yahoo.com to schedule a time to see any property!
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