Currently, the government is not offering a federal tax credit for buying a home. If you purchased in any of the years that the tax credit was available, you need to be aware that the federal tax rules are NOT the same with each year’s program. Please consult an accountant if you were able to receive this credit.
Buying a home is still worth it – tax credit or not. You will save well over $8000 with today’s low rates, reduced house prices, as well as the benefit of being able to deduct your yearly mortgage interest and property taxes.
Buying your first home can be overwhelming. Let us help! We are committed to finding you any grant monies or assistance programs available to you. Our buyer agent services are FREE! Please contact us for more information. We have assisted hundreds of first time home buyers and look forward to the opportunity to assist you!