Feds Investigating $600 Million in Home Buyer Tax Credit Fraud

 http://realtytimes.com/rtpages/20091126_fedinvestigate.htm

 

FIRST TIME BUYERS .. OR THOSE WHO HAVEN'T OWNED FOR 3 YEARS ....

Right now, through April 30th of 2010, the government is giving qualifying first-time home buyers up to $8,000 for purchasing a home and those who haven't owned for 3 years up to $6,500 (or up to 10% of the purchase price). This is free money that you do not have to pay back. And here's the best part: if you qualify, you can get your money from the IRS this year, even if you've already filed your 2008 taxes.

There are, of course, limitations and other qualifying factors, but they are all pretty reasonable and easy to explain, and I'll be glad to discuss these with you or anyone you know who is looking to buy a home. With today's combination of lower home prices and lower interest rates, this temporary incentive from the government is really a great option for many Americans who act now to finally fulfill their dreams of owning a home.

 

Not all qualify for first-time home buyer tax credit!
http://www.miamiherald.com/business/story/1216809.html 

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