Tidewater Real Estate Blog

September 12th, 2008 11:36 AM
President Bush signed the The Housing Stimulus Bill (H.R. 3221), which has a key provision for qualifying homebuyers: a $7,500 tax credit.  The $7,500 tax credit that would be would be available for any qualified purchase between April 9, 2008 and June 30, 2009. The credit is repayable at $500 a year over 15 years (making it, in effect, an interest free loan).  However, think of the good use you can make with an extra $7500!

Posted by Brad Nichols on September 12th, 2008 11:36 AMPost a Comment (0)

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