Now is the Time!
Our President signing of The American Recovery and Reinvestment Act of 2009 has enhanced the home buyer tax credit providing you an excellent opportunity to make an investment in a new home and save more then ever.
With this federal government’s housing stimulus program, it has never been a better time to buy the home you have always been dreaming of.
Hurry, don’t miss out – visit a Windmill Homes community today to take full advantage of this great opportunity.
Just call (248) 538-7000 to contact a sales associate for more information.
| Up to $8,000† tax credit for first-time home buyers. If you have not owned a home in the past three years, you are considered a first-time home buyer and may qualify for the incentive. The tax credit amount is based on your modified adjusted gross income (MAGI).
Act now, this federal tax credit is only available for a limited time and only applies on homes purchased on or after January 1, 2009 and before December 1, 2009. For the purposes of the tax credit, the purchase date is the date when closing occurs and the title to the property transfers to the home owner. The tax credit can be claimed on your 2008 or 2009 tax return.
How does the first-time home buyer tax credit work? It is a direct tax that reduces the amount of taxes you owe. If your eligible tax credit is more than what you owe in taxes, the balance will be refunded to you.
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