Homebuyers Tax Credit Buy a home and you get a tax break!

As part of the Housing and Economic
Recovery Act of 2008 and the American
Recovery and Reinvestment Act of 2009,
a First-time Homebuyer Tax Credit is now
available. But this special
tax break ends in 2009.
A homebuyer tax credit has been
available for first-time homebuyers in
Washington, D.C. for many years, and
now first-time homebuyers nationwide
can take advantage of a similar benefit.
In this brochure we’ll discuss some of the
provisions of the credit, changes based
on the new legislation, and explain how
to use it.

Buying a first home is a big step.
Fortunately, trained professionals like
your Realtor® are willing and able to help
you through the process. In addition to
the many benefits of homeownership,
the homebuyer tax credit and more
affordable prices make now an especially
opportune time to purchase. Still, the
commitment is a substantial one, and the
National Asociation of Realtors®
encourages you to ask questions and
be informed about the decision you are
making so that the home you buy is a
home you can enjoy for years to come.