Bowen Family Homes presents: The 5 Things You Need to Know About the Tax Credit

The extension on the home buyer tax credit has been wonderful for both first time and repeat home buyers interested in purchasing a home in 2010. With only two months remaining to take advantage of this amazing opportunity, it's important that all potential home buyers know how the tax credit works. In order to better help buyers understand the important points to the housing stimulus bill, Bowen Family Homes representative, Tanner has created a short video explaining the five things every home buyer should know about the tax credit.



In case you missed any of Tanner's finer points, here's a quick recap of his presentation:

1. The tax credit does not need to be repaid 
2. This home buyer tax credit applies to both first and repeat home buyers
3. First time home buyers can receive up to $8,000 back on their new home. Repeat buyers up to $6,500 
4. The tax credit can be used on homes up to $800,000 in value
5. In order to receive the tax you must have a contract by April 30, 2010 

Bowen Family Homes has numerous new home communities throughout the metro-Atlanta area. Whether you have a family of four and need more living space, or you are a young professional looking to purchase your first home, Bowen Family Homes has just what you're looking for. By building high quality homes at an affordable rate, it's no wonder Bowen Family Homes is the builder of choice for those looking to take advantage of their tax credit.

For more information about any of the Bowen Family Homes communities, visit the Bowen Family Homes YouTube page, become a fan of Bowen Family Homes on Facebook or follow along on Twitter @BowenFamilyHome