Buying Your First Home
Written by admin on February 2, 2010
I remember it a few years ago. I was fresh out of college…and it was that time. What time you ask? Buying First Home time. It was somewhat of a scary thing for me, just because I’d never done something so big…but to me, it was like getting your drivers license. You might have a bit of nerves at first but once you’re done, you’re so glad you did it. Though, I admit – I really wish I would have waited a few years to do it now…haha…since there is now the option of saving up to $8,000 dollars off of your new home purchase. Yep, you heard me right. You can now get a $8,000 tax credit if you’re a first time home buyer or have not owned a home within the past three years.
Now, when you think about it – think about how much money that is…you might see $8,000 bucks and think, eh, big deal. But if you’ve bought a 75,000 dollar home, only having to pay 67,000 is a huge deal. Think about all the things you could do for your new home with your tax credit? Maybe you want a pool for your new home? Maybe you want to add a bit more space? It’s really something that people should take advantage of if they can – you wont be sorry!
Here is a cool video on it:
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