
$8000.00 Tax Credit!!! TIME IS SHORT! (NOV 30). The last day to close and get the 10%
Tax Credit and the approval process is sometimes taking longer SO HURRY and purchase
YOUR home A.S.A.P. We have the IRS FORM 5405 for you to study to see if you qualify.
Also, WE will PAY your loan closing costs, (equal to our lender) 100% USDA financing
available or 96.5% FHA financing.
Frequently Asked Questions:
Q: How long will the credit program last?
A: The federal home-buying incentive applies to homes purchased (closed) on or after
January 1, 2009, and before December 1, 2009.
Q: How can Green Industries help me take advantage of this program?
A: In addition to the federal incentive, when you buy a ready-to-move-in Green Industries
home, we can sometimes offer you an interest rate that's even lower than today's historic
low rate.
Q: How does the home-buying incentive work?
A: This is a direct tax credit that reduces the amount of taxes you owe. It's different from
a tax deduction, which only reduces the amount of your income that is subject to tax.
If your eligible tax credit is more than what you owe in taxes, the balance will be refunded
to you. (Go to www.federalhousingtaxcredit.com) for additional details and examples.
Q: Am I eligible for the full $8000.00 home-buying incentive?
A: It depends on your modified adjusted gross income (MAGI).
Q: Am I eligible?
A: If you have not owned a home in the past three years, you may qualify. (That's right,
even if you or your spouse owned a home more than three years ago, you are still
considered first-time home buyers and may qualify for the incentive.
Q: Will I have to repay the credit?
A: NO, the tax credit does not have to be repaid.
Q: Are there any income guidelines?
A: Single tax payers with incomes up to $75,000 and married couples with incomes up to
$150,000 qualify for the full tax credit.
All rights reserved.
The Tifton Georgia New Home Builder that cares for ALL new home buyers.
Green Industries Inc. - 206 N. Central Ave - Tifton, GA 31794
|
Building Tifton Since 1976
|
Financing - $8000.00 TAX CREDIT!!!!!
|