I was a little disappointed to hear the $15,000.00 got axed in the Stimulus Package, but at least the $8000.00 does not have to be paid back.

If you are a first time home buyer, now would be a good time to consider buying your first home.

  • Prices have never been lower in Ann Arbor and throughout Washtenaw County
  • The interest rates are low hanging around 5%
  • You get to deduct the 8000.00 to purchase your new home.

Here is a quick guide to how you can apply the tax credit and how it compares to the $7500.00 credit in 2008.

You can click here to search the Ann Arbor Area MLS.

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About Missy Caulk

Missy Caulk has written 424 post in this blog.

Ann Arbor Real Estate Broker/Owner of Savvy Realty and team leader for the Missy Caulk TEAM. We love the Ann Arbor area, showing homes and talking about our great community.