$8,000 Tax Credit for First Time Homebuyers!
Our Standard Features are Other Builder's Upgrades
$8,000 for first-time homebuyers
You may qualify to receive $8,00 from the IRS! Call (765)426-1141 for more details.
First-Time Homebuyer
A "first-time homebuyer" is any individual (and spouse if married) who had no present ownership interest in a qualifying principal residence during the 3-year period ending on the date of purchase of the principal residence for which a first-time homebuyer credit is being claimed.
Exceptions to definition of First-Time Homebuyer The following taxpayers do not qualify for the first-time homebuyer credit:
- A homebuyer who qualifies for the District of Columbia First-time Homebuyer Credit in the year of purchase or in any prior year
- A homebuyer whose home was financed by the proceeds of tax-exempt mortgage revenue bonds
- A homebuyer who is a nonresident alien
- A homebuyer who disposes of the residence (or it ceases to be the taxpayer's principal residence) before the close of a taxable year for which a credit otherwise would be allowable
For complete details visit: http://www.irs.gov/taxtopics/tc611.html
Majestic Homes works with all lenders, and can recommend lenders that are specifically familiar with the $8,000 credit for first time homebuyers. Call (765)426-1141