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November 6, 2009
Home Buyer Tax Credit Extension
Good News: Tax credit eligibility has been extended until June 2010. The two programs are:
1st Time Homebuyer Tax Credit of $8,000 is available to homebuyers who have not owned a home in the last three years.
“Move-Up/Repeat Home Buyer” $6,500 Tax Credit is available to home buyers who have owned and resided in their home for at least five consecutive years of the past eight years.
Repeat home buyers do not have to purchase a home that is more expensive than their previous home.
The tax credit is equal to 10% of the home’s purchase price up to a maximum of $6,500.
These tax credits do not have to be repaid.
Now that you have determined your eligibility for “FREE MONEY”, go to our application and determine how much house you can buy!?
Call John at 407-884-9400x11 for details for qualifying.
30 year fixed rate - zero points
30 year fixed rate – zero points – This program provides 4% of the full loan amount as automatic down payment and closing cost assistance.
30 year fixed rate – zero points. This program is provided for our Florida Heroes who are educators, firemen, police officers, health care professionals and all active duty military and veterans.
30 year fixed rate – zero points. This program is provided for purchasing in special geographic areas or for households with at least one disabled member and for buyers at or below 80%
*Note:
Orange, Seminole, Osceola and Lake County income caps are $57,400 for up to 2 person household and $66,010 for 3 or more person household. Maximum purchase price is $304,875.00
Call for rates,they change every Tuesday
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