First-time Home Buyers Benefit from Tax Credit

If you are a first-time home buyer then now is a great time for you to purchase a Bowen Family home. Qualified first-time home buyers will receive a tax credit that is 10% of the home’s purchase price up to a maximum of $8,000. The $8,000 tax credit replaced last year’s $7,500 tax credit, but unlike the $7,500 tax credit the new tax credit does not have to be repaid. The tax credit is available on homes purchased on or after Jan. 1, 2009 and before Dec. 1, 2009. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. Qualified home buyers can take advantage of the tax credit at all of our metro Atlanta communities. For more information on the first-time home buyer tax credit, visit www.bowenfamilyhomes.com/buy-new-home/first-time-home-buyer-tax-credit.

Buying your first home can be a stressful process, made even more stressful if your credit score isn’t as good as it could be. Our Power4Purchase program can provide you with the education and tools you need to improve you credit score. By boosting you credit score you may obtain a better loan program, secure a lower rate, receive a lower Private Mortgage Insurance rate and fulfill an executed sales contract. Some conditions do apply for home buyers to participate in this FREE program. For more information, call 1-877 MY BOWEN or visit www.bowenfamilyhomes.com/buy-new-home/power-4-purchase.

We have more than 20 single-family and townhome communities throughout metro Atlanta that are ideal for first-time home buyers. For more information on our Atlanta communities, visit www.bowenfamilyhomes.com.