Items of interest on Real Estate in the Northwest and Western Suburbs of Chicagoland
First-time Homebuyer Tax Credit
• Available to first-time homebuyers!
• Credit amount up to 10% of the home's value, not to exceed $8,000
• Eligible for homes purchased on or after January 1, 2009 and before
December 1, 2009
• Available on single-family detached homes, townhomes and condominiums
• Buyers qualified for full tax credit are single taxpayers with incomes up to$75,000 and married couples with incomes up to $150,000
• The tax credit does not need to be repaid as long as the buyer does not sell the home within the first three years and it remains their primary residence.
Have Questions? Post them here or call 630-776-5263 or email me at nina@ninarocus.com
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