Home Buyers Tax Credit - Interest free loan

The Real Estate XChange 

Wonderful news for qualified home buyers!

The government is providing an interest free loan up to $7,500  to help with the initial costs
of purchasing your home. 

Married home buyers with a combined household income of $150,000 dollars or less
can get the entire tax credit as can single home buyers who earn $75,000 annually or less.
In addition home buyers earning more can receive a partial credit.

There are some stipulations however. First the loan is only available on homes that close
between April 9th 2008 and July 1st 2009. How can you use your interest free loan?

Home buyers have 15 years to pay this loan back on their federal tax returns and can claim the
credit on their federal tax return for the year in which the home was purchased.

With the cost of real estate dropping due to the excessive number of homes on the market,
great interest rates and this interest free loan, home buyers are in an excellent position to purchase!

Call today to learn how to qualify! Remember you have to find your home and
close on it before July 1, 2009

Sean Schroeder
The Real Estate Xchange
757-839-3954
Or Email me today
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517 Baylor Ct. Chesapeake Va. 23320