8,000 Little Helpers to Help You Close the Deal

Closing costs can come as a surprise at the end of the homebuying experience, but the Federal government just gave you 8,000 little helpers to help you buy a new home at Capitol Gateway. The new Federal stimulus package passed in February 2009 includes an $8,000 tax credit for new homebuyers. This tax credit does not have to be repaid, and the money can be used to help toward closing costs on the purchase of a new home. There are more ways to use the tax credit than just on closing costs, and there are some limitations on who can take advantage of the program. Click here for more information on the new Federal housing tax credit.