Attention Basking Ridge Home Buyers

If you are a first time home buyer thinking about purchasing a home this year you have a lot of great incentives in your corner. Interest rates are historically low right now and we are waiting for President Obama to sign the economic stimulus bill that will sure save you more money.

The economic stimulus bill set for first -time home buyers  will allow them to claim $8,000.00 credit or 10% of the purchase price (whichever is less) on their 2008 or 2009 taxes.

To qualify for this great home buying incentive you must purchase a home between Jan. 1, 2009 and Nov. 30, 2009. You must live in the house for at least three years and you must have at least 3 years of non-home ownership.

If you would like more information or would like to know more about buying a home in Basking Ridge call Adrienne Francis today at 201-259-4449

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