Utah legislature passes $6,000 dollar grant for buyers of New Construction in Utah. Call Sam Dodd for more information.
FEATURE
2008
2009
Definition of a First Time Home Buyer
Buyer and Buyers Spouce may not have owned a principal residence for 3 years prior to purchase.
No Change
Amount of Tax Credit
10% of the Purchase price or $7,500 whichever is less.
Maxium Credit amount increased to $8,000.
True Credit or Repayment
The credit must be repaid–6.67% of credit or $500 each year for [...]
As many of you may know the Federal Government just passed a stimulas bill. In that bill was a $8,000 dollar tax credit for first time home buyers. (First time is anyone who hasn’t owned a home in the last 5 years) What is great and different about this credit is that unlike the previous [...]