Cynthia Morris

2009 First Time Home Buyer - is that you or any one you know. So how the new package affects you

Of Note: I am not a tax professional, nor do I play one on TV or the Internet. You should seek advice from a CPA or professional tax preparer. If the IRS comes after you with guns blazing for anything you read in this post or anything you think you read in this post, it's not my fault. Seek professional help! And I am not a lawyer nor do I profess to be one, in trouble see professional legal counsel in the yellow pages.
    
FIRST-TIME HOME BUYER TAX CREDIT
As Modified in the American Recovery and Reinvestment Act
February 2009 

SO WHAT CHANGED

• Amount of Credit from $7500 to $8000
• Now it can be used with mortgages that were bond money, prior could not.
• Do NOT have to repay
• If you sell in 3 years or less you have to give back
• Ends December 2009
• Effective as of January 2009  

And if you bought in 2008 what can you or should you do

File for the $7500   

So if you have not bought a home and you are a first time home buyer (have not owned of home in your name or spouse's name in 2 or more years) what are you waiting for? 

This is an awesome time to buy! Buying in El Paso is a good investment (one of the best markets in price, in growth, in forecasted future)! 

If you have not bought, have friends that have not bought, call me and lets see how we can get you that great home at the great price in a great location at great interest rates ever and with the only REALTOR you will every need.  Me, Cynthia Morris

Sounds great to me, what do you think? 

Still have questions, just call or email me any time -   

Or you can just call just to say Howdy! 

Wishes for a an awesome day to all!

Next Newsflash(s)

*Property tax Protests

*Do your elected officials affect your property taxes? 

*What can you do if you cannot make your mortgage payments

*How to find foreclosures and shorts sales for you to buy

*Filing for the stimulus credit to receive

*Over 65 and moving carrying a lower valuation is awesome 

Anything you want to hear about, let me know.