Showing posts from February, 2009

First-time purchasers get a tax credit if buy by deadline.

Aloha, I received this e-mail from one of the lenders that sends me the latest information and wanted to pass it onto anyone thinking of being a first time homeowner.
You should look further into this with your Accountant and or Attorney before making any purchase to see if you would qualify.

Aloha and Mahalo, Denise
Final score: $8,000 for homebuyers
First-time purchasers get a tax credit windfall if they buy before December.
By Les Christie, staff writer
Last Updated: February 17, 2009: 12:13 PM ET
NEW YORK ( -- There's a nice windfall for some homebuyers in the economic stimulus bill awaiting President Obama's signature on Tuesday. First-time buyers can claim a credit worth $8,000 - or 10% of the home's value, whichever is less - on their 2008 or 2009 taxes.
A big plus is that the credit is refundable, meaning tax filers see a refund of the full $…