Please feel free to give me a call or send me a email, if you need further assistance. I specialize in working with first time home buyers, taking the time to walk them thru the process one step at a time.
â€¢The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
â€¢The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyerâ€™s principal residence within three years after the initial purchase.
â€¢The tax credit is equal to 10 percent of the homeâ€™s purchase price up to a maximum of $8,000.
It's been awhile since you posted on this blog but I thought I would check and see if you had found a place to call home or are still looking.
Pleasant Prairie is a beautiful area. I would welcome the opportunity to discuss with you the steps in buying a home and helping you find the right house to make a home. I am licensed in Wisconsin & Illinois and located on state line 1 mile from Pleasant Prairie.
I also offer my first time buyers a 1 year home warranty with the purchase of a home.