I could save $8,000 yep, $8,000 towards the cost of buying a new home if only I find it and have a written binding contract on or before April 30, 2010."
"You can't just save $8,000 just like that!"
"Sure I can so long as I have not owned an interest in a principal residence for 3 years prior to purchase."
"What else should I know before I get rolling?"
"Well, there is an income limit for singles like me, it's $125,000. But you married folks can earn up to $225,000."
"Are you telling me I can buy any ol' house that I want and get an $8,000 tax credit?"
"Just so long as the new house does not cost more than $800,000, you can get a tax credit up to $8,000."
"Hey, where are you going?"
"I got to go call my Realtor ~ Teral McDowell so we can get started right away!"
Posted via email from teralmc
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