• psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This website is authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @ 757-254-813

Uncle Sam wants to give you $8000

But only if you meet the following criteria.

Up to an $8,000 home-buying incentive from the U.S. Government plus  low interest rates from our prefered lenders when you buy now. 

First question, Are you eligible?

Answer: If you have not owned a home in the past three years, you may qualify. (That’s right, even if you or your spouse owned a home more than three years ago, you are still considered first-time homebuyers and may qualify for the incentive.)

Am I entitled to the full $8,000 home-buying incentive?
It depends on your modified adjusted gross income (MAGI).

How does the home-buying incentive work?
It is a direct tax credit that reduces the amount of taxes you owe. It’s different from a tax deduction, which only reduces the amount of your income that is subject to tax.

If your eligible tax credit is more than what you owe in taxes, the balance will be refunded to you. (See an example scenario at FederalHousingTaxCredit.com

How long does the program last?
The federal home-buying incentive applies to homes purchased (closed) on or after January 1, 2009, and before December 1, 2009.

The tax credit can be claimed on your 2008 or 2009 tax return.

For additional details on the federal home-buying incentive, visit FederalHousingTaxCredit.com

Want to explore what your monthly payment would be ? email John@MrWilliamsburg.com for further information

WordPress Tags: Uncle,incentive,Government,rates,Answer,spouse,income,MAGI,taxes,deduction,subject,example,scenario,FederalHousingTaxCredit,January,December,Want,payment,John,MrWilliamsburg,criteria,three

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