There is currently an $8000 tax credit to those who purchased a new house in 2009. However, this tax credit only applies to new home buyers, previous home buyers will not qualify for this credit.
is there a chip grant available for first timer buyers
There are many grants that will help first time buyers. They begin with first time home buyers, even go to first time pool buyers.
The current rebates available at home depot are available on www.homedepotrebates.com. Other ways to save on appliances is to peruse the variety of coupon websites out there.
How do I qualify for a first time home buyers grants
The United States Department of Housing and Urban Development has a site set up to assist first time home buyers. Check them out at the government web site for your state.
Home Depot rebates are available online on many coupon sites. For example, www.homedepotrebates.com and www.mrsmoneysaver.com/2010/.../home-depot-5-and-20-paint-reb.
For information on first time home buyers mortgage, people can visit the local US Department of Housing and Urban Development site. Such information is also available on local bank's websites.
A home.
Grants available to home buyers will vary depending upon which state the buyers are living in. A home buyer's eligibility will vary based on certain criteria such as: whether or not you are a first time home buyer, and whether or not the home will be your primary residence. It is best to speak to a loan officer who specializes in mortgage loans.
First time buyers are defined as an individual who has never owned a home before. If one partner of a married couple has owned a home before, but the other has not, they are both considered first time buyers.
Some important facts of $8,000 tax credit for first time home buyers are: # It is a true tax credit to home buyers, not a loan as initially devised. # It is only for "first time" home buyers who haven't owned real estate in the last 3 years. # It is capped at 10% of the purchase price. # The buyer must remain in the home for the minimum of 3 years. # It is applicable for first time buyers that buy or have bought between 1/1/2009 and 12/1/2009. # Full credit is available to those making $75,000 or less or $150,000 for joint filers.
Yes. The first time home buyers tax credit has been extended through May 1, 2010. According to irs.gov if a home is under contract by May 1, 2010 and closed on by July 1, 2010 the first time buyer will receive an $8,000 tax credit.