Coldwell Banker Anchor Real Estate-Local Realtors Serving Buyers & Sellers
|
|
Coldwell Banker Anchor Real Estate has been servicing Oceana County for over 30 years concentrating on your needs. Our beautiful area features many lakes, rivers and woods along with its miles of Lake Michigan frontage and the Silver Lake Sand Dunes. We are more than qualified to help with the purchase or sale of your most important investment.
- Locally Owned, Locally Operated. We pride ourselves with supporting the community by giving as much back as we receive.
- Our 20 experienced agents are ready to make sure your investment is handled with honesty, integrity and professionalism.
- Selling Oceana County's homes, recreational properties, lakeside cottages and business investments for over 30 years with more experience than any other Oceana Co. owned Brokerage!
We are the best choice for you!
|
Frequently Asked Questions
How much is the credit?
The tax credit would be $8,000 or 10% of the purchase price, whichever is less.
------------------------------------------------------------
What type of purchase is eligible?
Similar to the $7,500 tax credit included in the Housing and Economic Recovery Act of 2008, the $8,000 tax credit included in the 2009 economic stimulus plan is available for the purchase of a principal residence by first-time homebuyers.
------------------------------------------------------------
Who qualifies for the first-time homebuyer credit?
According to the IRS, any taxpayer who has not owned a home during the 3 years prior to the date of purchase can qualify for the credit.
------------------------------------------------------------
And I really don't have to repay the credit?
No. This is a change from the previous $7,500 tax credit. However, if the home is sold within three years of purchase, the credit will be reversed.
------------------------------------------------------------
Are there income limitations on the tax credit?
The tax credit begins to phase out for individuals with adjusted gross income over $75,000 ($150,000 for joint filers).
------------------------------------------------------------
Let us help you take advantage of this Credit! |
|