Michael Clarkson is one of Denver's highest profile brokers. He’s been featured in Realtor® Magazine three separate times, Denver Post, Denver Business Journal, KOA Radio, KHOW Radio, and the Colorado Radio Network. Michael is a licensed Managing Broker in Colorado and a GRI (Graduate Realtor® Institute). He is also a partner in the firm, Cash Path Real Estate LLC. Michael has an MBA in International Business from Regis University in Denver.

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Wednesday, September 17, 2008

The Daily Dirt: $7,500 First Time Homebuyer Tax Credit

Mile High Home Hunter Realty
09/2008 Vol 1, Issue 16
First-Time Home Buyer Tax Credit:
Time to act is prior to June 30, 2009
Dear E-Mail,
 
Michael Clarkson
 

 

 

Are you a first time homebuyer? Do you know one?
 
If so, I can help you take advantage of the First-Time Home Buyer Tax Credit. 
 
A summary is below, but full details are at: http://www.federalhousingtaxcredit.com/index.html
 
 
Opportunity of a Lifetime for First-Time Home Buyers
 
Source: National Association of Home Builders
 
For aspiring home owners who find their goal stubbornly elusive, newly enacted legislation providing a tax credit of as much as $7,500 for first-time home buyers might just be the opportunity of a lifetime.

But like so many of the good things in life, time is of the essence for buyers who want to take advantage of this outstanding opportunity. Only homes purchased on or after April 9, 2008 and before July 1, 2009 are eligible.
 
First-Time Home Buyer Tax Credit at a Glance
The tax credit is available for first-time home buyers only.
  • The maximum credit amount is $7,500.
  • The credit is available for homes purchased on or after April 9, 2008 and before
    July 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.
  • The tax credit works like an interest-free loan and must be repaid over a 15-year period.  


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    Michael J. Clarkson
     
    Broker/Owner - Mile High Home Hunter Realty 
    303.332.6393
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