FIRST-TIME HOME BUYER TAX CREDIT INFORMATION:

For First-Time Homebuyers Only:
Qualifying homebuyers have not owned a principal residence during the three-year period prior to the purchase.
Amount of Tax Credit:
Equals 10 percent of the home's purchase price up to a maximum of $8,000
Limited Time Only:
The tax credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
No Repayment Required:
Unlike the previous tax credit, this tax credit does not have to be repaid, but homebuyers must use the residence as a principal residence for at least three years or face recapture of the tax credit amount.
Tax Credit is Refundable:
The homebuyer credit can be claimed even if the taxpayer has little or no federal income tax liability to offset.  A refund check may be issued to the taxpayer for a portion or even all of the refundable tax credit (depending on the taxpayer's tax liability)
Income Restrictions:
Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. (Partial tax credits may be available for taxpayers with incomes over the above limits).
2008 Tax Returns:
Tax credit can be claimed on 2008 federal income tax returns if the home was pruchased on or after January 1, 2009.

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When buying a home, it is imperitive to use an

ACCREDITED BUYER REPRESENTATIVE!

Not all realtors are
Pennsylvania State Accredited Buyer's Representatives

The Accredited Buyer Representative (ABR) designation is the "benchmark of excellence in buyer representation". 
The Real Estate BUYER'S AGENT Council, Inc. (REBAC) of the National Association of REALTORS awards this coveted
designation to REALTORS who meet the specified educational and practical experience criteria.

To qualify, the ABR candidacy requirement are:

• Complete ABR course and pass exam
• Member of Real Estate Buyer's Agent Council, Inc. (REBAC)
• Member of National Association of Realtors
  

I am an Accredited Buyer Representative and
will assist you with your purchase of a new home,
negotiate the best possible deal for you, from contract to closing
I will guide you every step of the way!