Home Buyer Credit

You have not missed out on the $8,000 home buyer credit, Generation Builders will apply that credit to the purchase of a new construction home at Country Walk. Call for details!

The homebuyer tax credit has been extended. You could quality for a tax credit of up to $8000!

It pays to buy a custom home at Country Walk. Especially now! The Worker, Homeownership, and Business Assistance Act of 2009 has extended the Federal tax credit of up to $8,000 for first-time homebuyers and up to $6,500 for repeat homebuyers – offering an outstanding opportunity to buy a new home!

Timing is everything. To receive the credit, you must act before October 1, 2010!

Who qualifies? The tax credit is available to first-time and repeat homebuyers under certain income limits who purchase a principal residence within the specified timeframe. First-time homebuyers are defined as buyers who have never owned a home, or who have not owned a home in the past three years.

How does it work? The home-buying tax credit is a direct credit on the amount of taxes you owe. As opposed to a tax deduction, which reduces the amount of your income that is taxable, the credit comes directly off your tax bill. If the credit is more than the amount you owe in taxes, you will receive a refund.

There’s never been a better time to buy a new home, or a better place than Country Walk. For detailed information, visit www.federalhousingtaxcredit.com.