| First Time Home Buyer Government Credit |
Who says you can't get a break when you buy a new home? The American Recovery and Reinvestment Act may give you the break you're looking for - a tax credit of up to $8,000 if you're a first-time home buyer. You qualify as such if you haven't owned a home in the past three years, and your spouse hasn't either if you're married. The credit amount starts phasing out if you make more than $75,000, or $150,000 if you're filing a joint return.
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| If you can buy before December 1, 2009, you can also get cash back on your tax return. Our Mortgage Department here at BSV is ready to assist you in taking advantage of this opportunity to find your home sweet home. |
| If you would like to find out more about The American Recovery and Reinvestment Act please click here. |
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