$8,000 First Time Home Buyer Tax Credit

• The tax credit is for first-time home buyers only.
• The tax credit does not have to be repaid.
• The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
• The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
• Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

Call Dominic DesMarais @ 612-247-8322  for more info.

For more information or to get pre-qualified for a Minnesota home mortgage and take advantage of the $8,000 first time home buyer tax credit, please fill out our short form below or call.

*Minnesota family income data from the Minnesota State Demographic Center

http://www.demography.state.mn.us/documents/MinnesotaIncomeinthe2005AmericanCommunitySurvey.pdf