Attached is information regarding the “First-Time Homebuyer Tax Credit.” There has not been a better time to purchase a home than right now. Our government is giving a tax credit to those purchasing a home between Jan. 1st 2009-Dec.1st 2009. Here is the kicker, you do not have to have already purchased the home to get the tax credit. What this means is that when you have an accepted offer on a home, your eligible to receive the credit. For many of my clients this is covering the downpayment and the closing cost on their home. There is no interest charged on this money AND you don’t have to pay the money back unless you sell the home within 3 years.

Many of my clients were working to save the money for the downpayment, but this has created an opportunity to purchase NOW, while rates and home values are low. For those of you who are still on this fence, this may be the answer or help that you were looking for. Please contact me for additional information, or to put together a scenario to help you better understand the buying process. I look forward to hearing from you!

Thanks and have an excellent weekend!

Chet Hileman
Senior Loan Officer
First Liberty Mortgage LLC
636-447-2211-Office
636-447-2331-Fax
636-541-2165-Cell