Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
November 2009

Word Count:



First-Time Home Buyers’ Tax Credit Improved—Buy That Home?

On November 6, 2009, you and your fellow taxpayers agreed to put up an additional $11 billion in refundable tax credits to further stimulate the housing market.1 This could be the right time to buy a home.


Nothing is certain, but times change and create opportunities. Today’s first-time home buyer has some significant advantages:



Tax credit of up to $8,000


Fixed interest rates in the very favorable 5 percent range


Favorable home prices (some say prices are at the bottom of the market)


In this article, we are going to



explain the improvements to the existing first-time home buyers’ tax credit;


explain the new move-up home buyers’ tax credit of up to $6,500; and


equip you with personal use of a financial tool that you can use to project the financial benefits or detriments of home ownership.


Improvements ... Log in to view full article.

Already a subscriber?
Email Address

You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee

Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development