If you haven't owned a home in the past three years and you've been thinking about getting one, you better act fast! The $8,000 tax rebate is going to expire on December 1, 2009. Good things eventually end and this is one of them. You say you haven't heard about this. Well, our rich uncle, Uncle Sam, decided to stimulate home purchases so he set it up for people to get a tax rebate for purchasing a home. The rebate is in cash and is 10% of the purchase price of the home up to $8,000. A buyer has to be a first time homebuyer as defined as someone who hasn't owned a home in the past 3 years.
Don't wait any longer time is of the essence. If you have questions just ask your favorite real estate agent.
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