$8,000 Home Buyer Tax Credit at a Glance

Brought to You By:
National Association of Home Builders

The information on this page pertains to the American Recovery and Reinvestment Act of 2009.

• The tax credit is for first-time home buyers only. Charlotte first-time home buyers can take advantage of this program for huge savings on Charlotte Real Estate. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
  
• Big news for Charlotte home buyers - the tax credit on your new Charlotte home does not have to be repaid!
  
• The tax credit is equal to 10 percent of your Charlotte home’s purchase price up to a maximum of $8,000.
  
• The credit is available for Charlotte homes purchased on or after January 1, 2009 and before December 1, 2009.
  
• Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.
  
  Click Here to Search Charlotte Homes for Sale