Wednesday, August 20, 2008

Federal Tax credits for Homebuyers + NJ Grants and Mortgage incentives

The recently signed Economic Stimulus Package has a provision that allows for a $7,500 tax credit for first time home buyers! If you purchased your 1st home after April of 2008 you may very well be entitle to this tax credit. Make sure you check into this come "tax time"!

Are you a Policeman/woman or Firefighter......The Mortgage programs for you have been funded again! This program ran out of funding in a few short weeks earlier this year. GREAT INTEREST RATES !! ! ! !

NJ still has the NJ Smart Start Grant program. Here's the link...check it out....up to 4% in State grants if you and the property qualify!
http://www.state.nj.us/dca/hmfa/consu/buyers/ownprg/smart.html

SO, ONCE AGAIN I SAY....NOW IS THE BEST TIME TO BUY YOUR 1st HOME???