Posts from May 11th, 2009

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Home Buyer Tax Credit Stimulates Sales - The Morning News - Northwest, Arkansas, USA

May 11th, 2009 by Anonymous

By Kim Souza

THE MORNING NEWS

Last updated Saturday, May 9, 2009 10:15 PM CDT in Business

SPRINGDALE ? Blake and Christen Trolinger of Rogers recently used an $8,000 federal tax credit for first-time home buyers to help them capture their share of the American Dream.

"It's almost too good to be true," said Christen Trolinger.

The couple was able to borrow much of the down payment from a parent and get the seller to pay the closing costs, which enabled them to secure financing and make an offer.

After filing their taxes and collecting the credit, the couple repaid the family member in full and had enough money left over to buy a new refrigerator and washer and dryer.

The most difficult part of the whole...

Click Here to Read More...

Categories: Crye-Leike in the News