Vero Coastal Homes
                                                            Vero Beach Foreclosures & Short Sales

Vero Coastal Homes LLC - Allan Grieve - Independent Broker - 772-453-8011 - VeroForeclosures@gmail.com
 
Tax Credit Provides a Great Opportunity for Vero Beach First Time Home Buyers 
 
 In its efforts to stimulate the economy and revive the housing market, Congress has enacted legislation providing a tax credit of up to $8,000 for first-time Vero Beach home buyers. 
Any Vero Beach or Sebastian home for sale that is a single family home is eligible. 
 
But time is of the essence for buyers who want to take advantage of this opportunity. Only homes under contract by April 30, 2010 and closed before June 30th, 2010 are eligible. 
 
                           The $8,000 Home Buyer Tax Credit at a Glance

      The tax credit is for first-time home buyers and people who have not owned a home in the last 3 years.

The tax credit does not have to be repaid - this provision is a change from prior legislation.

The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.

Single buyers with incomes up to $125,000 and married couples up to $250,000 qualify for the full tax credit.
 


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