$8,000 Tax Credit For Virginia FHA First Time HomeBuyers

Here are the guidelines for using the $8,000 tax credit for Virginia FHA first time homebuyers.

Qualifications to receive the $8,000 tax credit:

The benefit is that you do NOT have to pay it back – basically it is a gift to you as long as long as you own the property for at least 3 years.

Make sure you fill out the 5405 IRS First Time Homebuyer Credit Form and submit with your tax returns.

Now is a great time to get qualified with your lender and take advantage of the $8,000 tax credit for Virginia FHA First Time Homebuyers!

Naoma Doriguzzi

New American Mortgage

(757) 971-2876

www.VirginiaMortgageInformation.com

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[...] Now is a great time to buy if you are a first time homebuyer because you may also qualify for the $8,000 tax credit that is only available until November 30, 2009. [...]

[...] the 8000 Tax Credit may also be used if you qualify for the VHDA FHA Plus [...]

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