Wednesday, January 28, 2009

7,500 more ways the Government is trying to help folks buy homes

With all of the news of a "new" economic stimulus package taking shape in Washington DC, many have forgotten about the very recently passed Housing and Economic Recovery Act of 2008, which, in part, provides a $7,500 (maximum) tax credit for qualifying first time homebuyers. With consumer credit expensive and difficult to come by, this can be very helpful to the new homeowner that suddenly needs appliances and furniture. Courtesy of the NAHB. details are here: http://www.federalhousingtaxcredit.com/print.php?page=faq.php

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