Thursday, January 21, 2010

Homebuyer Tax Credit

The first time homebuyer tax credit ($8,000) as well as the "move-up" buyer credit of $6500 cannot be filed electronically. The government has requested that the paperwork be attached to prove you purchased - such as the HUD at closing.

Due to this new requirement, there has been a delay of around 4 months before you will receive your tax credit. You do need to close before filing for the tax credit.

If you have any further questions on this process, please give me a call.

Joan Cox, GRI, ABR, CRS, e-Pro
Metro Brokers - House to Home, Inc.
720-231-6373
www.JoanCox.com
Joan@JoanCox.com