My husband and I spent the day up at a golf resort at the foot of Texas Hill Country shopping for a house. Oh, the wildflowers were in bloom, and the roads and hillsides were gorgeous. We're trying to beat the deadline for purchasing a home, or at least getting one under contract, in order to take advantage of the $8,000 tax credit.
Boost Your Home Buying Bucks
This tax credit is such a sweet deal if you're in the market to buy your first home or a move up, or move on, home. It's not some complicated deal either. If you click on the link, you can view a video that explains how the whole thing works.
Basically, you can receive up to an $8,000 tax credit if you're a first-time home buyer or you're a home buyer who hasn't owned a house in the last three years. But, get this: you can still get a tax credit up to $6,500 if you're moving up and you have lived 5 out of 8 years in your present home. That covers a lot of people.
If you're one of them, don't miss out on this opportunity. Don't delay because the deadline for executing a contract is April 30 with closing no later than June 30. Watch the video today and start shopping for a new home tomorrow.
A few thousand from a tax credit can certainly enhance your home buying fund.