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Brian Eastman
- 3 Helpful Answers
- 19 Answers
- 1 Blog post
Locations:
Web sites:
Profile Link:
Experience:
REALTOR for Coldwell Banker Select, REALTORS
January 2005—present
Case Manager for Sarah A. Reed Children's Center
January 1998—June 2006
Specialties:
First time home buyers.
Investment properties. ... show more
Investment properties. ... show more
Interests:
Baseball, softball, football, biking
About:
I am a full time real estate professional serving all of Erie County. A 1993 graduate of Fort LeBoeuf High School and 1998 graduate of Edinboro University.
... show more
Brian Eastman answered:
The amount you would qualify for is 10% of the purchase price of the property up to a maximum of $8,000, whichever is less.
You can claim the credit on your 2009 taxes, or file an amended 2008 return to get the money faster. If you are approved for a PHFA loan type, you can also borrow up to $5,000 of it up front to assist with your purchase, but it must be repaid when you receive it through your tax return.
BE ADVISED: You must close prior to December 1st of this year to qualify. Lenders are taking a little longer than usual to close on certain loan types. If you don't have an accepted contract on a property by mid-October, there is a possibility that you may not close in time. If you're not seriously looking or working with an agent, now is the time to contact one. I'd hate for a good, qualified buyer to miss out on this unprecedented program.
Please contact me at eastman@eriemoves.com, my website below, or (814) 397-2998. I have assisted several first time homebuyers get the tax credit this year and would appreciate the opportunity to help you!
You can claim the credit on your 2009 taxes, or file an amended 2008 return to get the money faster. If you are approved for a PHFA loan type, you can also borrow up to $5,000 of it up front to assist with your purchase, but it must be repaid when you receive it through your tax return.
BE ADVISED: You must close prior to December 1st of this year to qualify. Lenders are taking a little longer than usual to close on certain loan types. If you don't have an accepted contract on a property by mid-October, there is a possibility that you may not close in time. If you're not seriously looking or working with an agent, now is the time to contact one. I'd hate for a good, qualified buyer to miss out on this unprecedented program.
Please contact me at eastman@eriemoves.com, my website below, or (814) 397-2998. I have assisted several first time homebuyers get the tax credit this year and would appreciate the opportunity to help you!
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