New incentive to help the US economy offers $8,000 cash back to first time home buyers. This is an excellent opportunity for those who are currently renting, have good credit and want to build equity by purchasing a home. With prices coming down, now is the time to buy!
To qualify for this credit...
* Buyers cannot own a home during the past three years
* Must purchase a home between January 1st, 2009 and November 30th, 2009
* Buyer must also occupy the home for at least three years, or may be subjected to pay the credit back to the government.
Preview the CNN article below for more detailed information.
New homebuyers to get $8,000 cash back - Feb. 16, 2009
Visit our supersite for more information on Rio Rancho real estate and to search for homes or land in Albuquerque and Rio Rancho.
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