The compromise on the House and Senate 2009 Stimulus Law provides for an
$8,000 tax credit for first time home buyers who purchase a primary residence
after December 31, 2008 and prior to December 1, 2009.
This 2009 legislation modified the 2008 law which created a $7,500 credit that
the taxpayer had to repay to the government over fifteen years.
The big difference with the 2009 stimulus law is that the $8,000 credit does not
have to be repaid to the government provided the home is owned for three years for
homes purchased between January 1, 2009 and before December 1, 2009.
This is a great benefit for First Time Home Buyers ! Don't miss out on this fantastic opportunity ! Visit my website for more details:
http://TomSellsSevierville.com