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Palomino Ranch Condos, Colorado Springs


New Affordable Condos in Colorado Springs

First-Time Home Buyer Tax Credit

Opportunity of a Lifetime for First-Time Buyers

For aspiring home owners who find their goal stubbornly elusive, newly enacted legislation providing a tax credit of as much as $7,500 for first-time home buyers might just be the opportunity of a lifetime.

But like so many of the good things in life, time is of the essence for buyers who want to take advantage of this outstanding opportunity. Only homes purchased on or after April 9, 2008 and before July 1, 2009 are eligible. Use the links below to learn more about the tax credit.


*Tax credit of up to $7,500 available to qualified first-time homebuyers. Qualification for tax credit based upon first-time homebuyer status, income, purchase price of home and other IRS qualifications. See www.federalhousingtaxcredit.com for details. This information is provided for general awareness only, and is not intended for the purpose of providing legal, accounting, tax advice or consulting of any kind. Please consult with your tax professional for complete details.
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