Currently viewing the category: "First Time Home Buyer Tax Credit"

As a NJ Real Estate Salesperson, I encounter a number of couples, who like the first time home buyers in the video above, often think or feel that a 3 bedroom home in a town they desire is outside of their price range or even within their grasps, which is so far from the [...]

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By Brian Faler

Nov. 4 (Bloomberg) — The U.S. Senate approved a $45 billion plan to expand a tax credit for first-time homebuyers, extend jobless benefits and provide tax refunds to money-losing companies.

Lawmakers voted 98-0 for the measure, sending it to the House, where Majority Leader Steny Hoyer of Maryland said in [...]

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U.S. Senate leaders moved closer to an agreement replacing an expiring $8,000 tax credit for first- time homebuyers with a smaller one that would expand access to so-called step-up purchasers. Although it is still unclear as to what will be the final version of the credit and whether or not it will extend beyond first [...]

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How Can a First Time Home Buyer Get The Tax Credit For Down Payment and or closing costs? Absolutely, yes, but you must act fast and meet the qualifications. In NJ there is a Pre Fund program where the state of NJ will “loan” up to $5000 of the tax credit at for first time home [...]

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