Thursday, May 7, 2009

2009 Farmers' Markets are Opening Soon

Lake Oswego
Saturdays: May 16 - Oct 10
8:30am - 1:30pm
Millennium Plaza Park

West Linn
Tuesdays: Jun 2 - Sep 29
4:30pm - 8:30pm
1725 Willamette Falls Drive (between 10th and 14th streets)

First Time Home Buyer Tax Credit for 2009

The 2009 Federal tax credit of up to $8,000 is a great opportunity for qualified first time home buyers purchasing their principal residence before December 1, 2009.

Visit www.federalhousingtaxcredit.com to learn more and take advantage of the credit to buy a home this year. Here are some of the highlights:

  • A first-time home buyer is someone who has not owned a principal residence during the three-year period prior to the purchase.
  • The tax credit does not have to be repaid if you live in the home for 3 years.
  • The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
  • Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.