What Would You Do $8,000?

What Would You Do with $8,000.00?

(American Recovery and Reinvestment Act, 2-19-2009)


There has never been a better time to buy your first home!

· Close on a home – new, resale, single family, condo, townhouse- before December 1, 2009 and you may be eligible for a credit of up to $8,000 off your federal income tax bill (and any unused credit is refunded to you).

· Applies to anyone who has not owned a principal residence for 3 years

· There is no recapture of this tax credit if you keep your home for 3 years.

· Full credit if your adjusted gross income does not exceed $75,000 ($150,000 joint return). Credit phases out at $95,000 ($175,000 joint).


Call The Spotlight Team at
781-625-4001 to find out how to we can help your real estate dreams come true!


www.TheSpotlightTeam.com
RE/MAX Heritage, LLC
Melrose ~ Wakefield ~ Reading ~ North Reading