How sellers benefit from the first-time homebuyer tax credit.
How sellers benefit from the first-time homebuyer tax credit.
For those of you who are wondering what about this and that regarding the new tax credit from the federal government, here are some additional details to review. Remember, there are also tax credits and other programs available by local and state governments in both ND and MN. Remember, we are here to help!
It’s $7,500 and it has to be repaid. No, it’s $8,000 and it doesn’t. But it only applies to first time buyers, but what is a first time buyer. WOW! As with many things that gets created on a federal level, there is a lot of confusion surrounding the new credit for home buyers and exactly how it works. Below are the details, and as always, ask us a question and we’d be happy to clear the air for you.
With all that’s going on around us in real estate and the economy in general these days, our blog is designed to give you “real” information about what’s happening, why, and what the future of real estate really looks like. Rather than the simple opinion’s of the media these days, our blog will provide you with facts, and useful information for what is happening and what we think will happen to real estate in our region, and specifically in the Fargo-Moorhead-West Fargo and Dilworth areas.