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FARRELL FINE HOMES
Echo Farrell ®
Designated Broker
6603 East North Lane
Suite B
Scottsdale, AZ 85253
Office: 480.607.9990
Fax: 866.393.8034
Mobile: 480.227.7344
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| $8000 TAX Credit for Arizona Home Buyers Publish On 03-06-2009 , 6:26 AM Time For Some Good News for Phoenix Home Buyers Okay, let have some good news! For those of you first time Arizona home buyers sitting on the fence about buying your dream home in Scottsdale, or Phoenix you’re in the “perfect storm” with near record low interest rates, bargain homes prices and $8000 tax credit that you don’t have to pay back! Here is how it works: • Available only to first-time home buyers • The tax credit is not a loan and does not require repayment* *If the home is sold within 3-years, the $8,000 tax credit must be re-paid • The tax credit reduces the home buyer’s tax liability; if the buyer’s liability is less than $8,000, the remaining credit will be issued as a check • Home purchase must be for a primary residence • The credit is available on home purchases between January 1, 2009 and December 1, 2009 • If you are single and make $75,000 or more, or are married and make $150,000 or more, you do not qualify for the tax credit • The credit is not eligible if the seller is a relative of the buyer We at Farrell Fine Homes are proud of our energetic hard working group of Phoenix/Scottsdale Real Estate professionals who will help you navigate your first Arizona home purchase. | |||||
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