by Amanda Kate Harry Charlie
President Obama and the government have agreed to give home owners a $8,000 tax credit to buy a home. Veteran can take full advantage of this.
2009 is a great year to buy, loan rates are very low, house prices are very reasonable and you get a tax credit for $8,000 if you buy a house.
The tax credit is only good until December 2009.
Say you owe $3,000 in back taxes, you will get a $5,000 from the IRS. Not a bad reward for buying a house.
This tax credit is only good until December 2009
You can use your refund to do what ever you want with. A great vacation, a new car what ever.
Additionally, the stimulus plan is raising the FHA and Fannie Mae and Freddi Mac loan limits back up to $729,000 in many parts of California. This means better interest rates and lower down payments for buyers in those higher price categories.
Give me a call if you would like to discuss using a zero down VA Loan to purchase a home. Rob Chomentowski
Sr. Loan Officer and VA and FHA Loan Expert
858-922-7899 (direct)