Raleigh Relocation Package
Home Buyer Tax Credits - Differences Between Programs
Explaining the 2008 Program Versus 2009 Program - How Do They Work?
Walter Updegrave, Senior Publisher of Money Magazine, has written an excellent explanation and comparison of the two very different tax credits for first time homebuyers.
Did you buy a home between April 8, 2008 and December 31, 2008? Walter explains how the 2008 homebuyer tax credit works, and what the difference is between buyers who purchased last year, and those who plan to buy a new home this year.
Bought a home after January 1st, 2009? Walter talks about how you can use the Home Buyer Tax Credit on your 2008 returns - and possibly get a huge return this year instead of next year! But be aware - this program has an unexpected expiration date.
Read the full story here.
And remember - there is a loophole on the new tax credit. Homebuyers will qualify for the $8,000 credit if they haven't owned a home for the past three years.
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Finding Your New Home in the Raleigh Area
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Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today.
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Articles copyright Stanton Homes 2006-2011. Unauthorized use is not permitted. Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements. Please note: all listing information per MLS, and current as of posting date. Information subject to change. Stanton Homes does not make claims to ownership of any lot listings, but can work with homebuyers to purchase available lots and build. Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions. Ask for further information regarding any community, lot or floor plan. Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area. No claim of ownership is made to homes or land pictured.
Penny thanks for sharing this. It's very informative! I've even submitted a question I have to him. Thanks for sharing!
Lee & Pamela - His explanation is one of the clearest I've seen!
Great job Penny!
There's so much confusion out there right now about this and the link you attached sums it up perfectly!
Craig - yes, I was impressed with the detail, and how easy it was to understand.