Arizona Home Talk

Where’s the Refund?

Daily Real Estate News  | December 11, 2009  | Where’s the Refund? First-time home buyers who bought as long ago as last winter are still waiting for their $8,000 tax refund. As of mid-September, more than 1.4 million taxpayers had requested the credit by amending their federal tax returns. The IRS announced in October that it expects 5.1 [...]

1st Time Homebuyer Tax Credit - DETAILS!

I’ve written before about the general eligibility requirements to get the new $8,000 tax credit as a first time homebuyer who purchases a home between Jan. 2009 and Dec. 1, 2009. If you are seeking more details check out this FAQ website. Also this video will explain everything. Share this with anyone you know that is [...]

$8,000 tax credit to Home Buyers

So here is the scoop on the $8,000 home buyer’s tax credit in the 2009 stimulus bill. It is for First Time homebuyers (those who haven’t owned a home in 3+ years). It is NOT an interest-free loan like the 2008 $7,500 credit that had to be paid back. It does NOT need to be paid back unless [...]

First-time Buyer Tax Credit: A Reason to Buy Now

The homeownership tax credit that the federal government created earlier this year is a hard-won tool at your disposal to encourage your customers to jump off the fence and get into the home buying market.    When you combine the tax credit with today’s continuing low interest rates, large selection of for-sale inventory, and low home prices, [...]