First Time Home Buyers Or Seasoned Home Buyers

As a first time home buyer, you may be eligable for the Stimulus Package Containing a Substantial Home Buyer Tax Credit (see specific information below.) Lian Obrey of RE/MAX Property Consultants can also give you 'piece of mind' for your home with a NEW One Year Home Warranty* on the home you are buying or selling, first time home buyer or seasoned!

Stimulus Package Information

On Feb 17, 2009 President Obama signed the much anticipated Economic Stimulus Package dubbed the American Recovery and Reinvestment Act into law. This Stimulus Package has a very substantial tax credit available for first time home buyers. Here the details on the credit:

• The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000
• Available to First Time Home Buyers. A First Time Buyer is defined as someone who has not owned a principal residence in the previous three years.
• Any type of home that is a principal residence qualifies. This includes single-family detached homes, attached homes like townhouses and condominiums, and mobile homes.
• Applies to purchases made between January 1, 2009 and before December 1, 2009.
• The full tax credit is available for Single taxpayers with a modified adjustable gross income up to $75,000 and $150,000 for married taxpayers that file joint returns. A partial tax credit is available for taxpayers with greater earnings.

*NOTE: The Home Warranty is for a purchased or sold property through Lian Obrey betweeen the dates of September 15, 2009 and December 1, 2009. 

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/08/2010. The listing information on this page last changed on 09/08/2010. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Conneticut MLS (last updated Tue 02/13/2007 8:50:44 AM EST) or CT Statewide MLS (last updated Wed 09/08/2010 8:52:10 PM EST). Real estate listings held by brokerage firms other than RE/MAX Property Consultants may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --
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