The bill provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009. The credit does not require repayment. Most of the mechanics of the credit will be the same as under the 2008 rules: the credit will be claimed on a tax return to reduce the purchaser's income tax liability. If any credit amount remains unused, then the unused amount will be refunded as a check to the purchaser.
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The Melton Team has been selling homes in the Richmond area for over 8 years. We pride ourselves on being the internet real estate experts in the area. We sell single family homes, new homes, townhomes, condos, land and more. We service the following areas: Henrico, Hanover, Mechanicsville, Chesterfield and more. If we can’t offer you what you need, we’ll be glad to find someone who can!
5388 Discovery Park Blvd Suite 110 Richmond, VA 23233 Erin Melton - Licensed In The State Of Virginia RE/MAX Peninsula Each Office Independently Owned and Operated Erin - 804.335.8572 Fax: 1.866.737.9752 Email: meltonteam@gmail.com
