Last week was a special week set aside to honor our military men and women. If you are a member of the military, first of all I want to say “thank you” for your service to our country. Secondly, I want to share this information (if you know of a member of the military, please pass this on to them).
If you are thinking about buying a home, members of the military have a great opportunity. You can claim a Homebuyer Tax Credit, but you only have until April 30th of this year. This is tax credit is either 10% of the purchase price, or $8,000 – whichever is less. If this is not your first home purchase, you are eligible for either 10% of the purchase price or a $6,500 tax credit – whichever is less.
There are other benefits designed especially for you. One significant option is that you can purchase a home with no down payment! Talk to a professional mortgage broker for more information, so you can take advantage of this special tax credit designed especially for you.
