http://inside-real-estate.com/douglas-wy Beverly Jeffery's Real Estate Blog | Douglas, WY | Buy House, First Time Home Buyers, Community, Homes for Sale, Morgage Mon, 05 Oct 2009 15:41:09 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://inside-real-estate.com/douglas-wy/questions-and-answers/whats-this-new-home-buyer-tax-incentive-for-2009/ http://inside-real-estate.com/douglas-wy/questions-and-answers/whats-this-new-home-buyer-tax-incentive-for-2009/#comments Mon, 13 Apr 2009 16:26:27 +0000 Beverly Jeffery http://inside-real-estate.com/douglas-wy/?p=43 The 2008 $7500, repayable credit is increased to $8000 and the repayment feature is eliminated for 2009 purchasers. Any home that is purchased for $80,000 or more qualifies for the full $8000 amount. If the house costs less than $80,000, the credit will be 10% of the cost. Thus, if an individual purchased a home for $75,000, the credit would be $7500. It is available for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009.

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