First Time Home Buyer Tax Credit

$8,000 Home Buyer Tax Credit at a Glance:

  • For first–time home buyers only.
  • Does not have to be repaid.
  • Tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
  • Available for homes closed on or after January 1, 2009 and before December 1, 2009.
  • Single taxpayers with incomes up to $75,000 and married couples with incomes up to
    $150,000 qualify for the full tax credit.
  • For more details see one of our neighborhood sales counselors!