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First time home buyer tax credit - Builder offers advantages on Aug24 2008

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First-time home buyer tax credit - Builder offers advantages of housing stimulus legislation

First-time home buyer tax credit - Builder offers advantages of housing stimulus legislation
Pike County Courier - Aug 22, 2008
Recently a housing bill was approved by Congress and signed into law by President Bush to boost our faulty housing market and push our economy into a positive direction. Ed Nikles Custom Builder has taken full advance of this offer and will begin offering the tax incentive to its new home buyers immediately.

Housing Stimulus legislation was approved to help home buyers, stop the decrease in home prices, and to provide a lifeline to many borrowers facing foreclosure. Some of the major key elements to the new law are to temporarily offer first time home buyers a tax credit, have a mortgage revenue bond program, and also offer a low income housing tax credit.

Most importantly who will be eligible to receive this benefit?

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The Author User ImageHUD Homes Articles is Typically as soon as we hear the word "Hero" we imagine of someone astonishing with incomparable abilities - you know...somebody who is capable to jump the highest buildings in a single leap. You the Realtor apply your ethics, morals, and honesty to it, you are in life a hero, and you are in control, and how you play it, announces the end result of a hero. You save the economy by selling one house at the time. You the Realtor are what it really means to be a "Hero." Email this author | All posts by User ImageHUD Homes Articles | Topic: First Time Home Buyers | Tags:

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