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.

Log in to view full article

Already a subscriber?

Email Address


Log In Send me my password

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