Foreclosures

"New Opportunity"
Home Buyer Federal Tax Credit
Available Now!

Save $30,000-$50,000 or More!
Better than the expired $8,000 Tax Credit

Did you know that home buyers now have a new opportunity to use a little known, seldom used federal tax credit program that has been on the books since the 1980s? This program has been overshadowed in recent years by the popular (and now expired) $8,000 federal tax credit program. This program will actually provide financial tax benefits that can greatly exceed those of the expired $8,000 tax credit.

The benefits to home buyers include:

• Reducing your effective mortgage interest rate.
• Reducing your Federal Income Taxes by $30,000, $40,000, even $50,000 or more.
• Reducing the amount of taxes withheld, thereby increasing your spendable income.
• Allowing buyers to qualify for a larger mortgage amount.
• Allowing home buyers to also continue the normal tax deduction for interest paid on their mortgage.
• Tax credit continues to save tax money every year.

Those eligible include:

• First-time home buyers
• All military and veterans (not restricted to first-time buyers)
• Home buyers who have not owned a home for three years or more
• All buyers who purchase a property in certain designated Colorado Springs areas

Mortgage types that qualify:

• VA - Veterans Administration Mortgages
• FHA - Federal Housing Authority
• Conventional - Fannie Mae, Freddie Mac, and others
• CHAFA - Colorado Housing Finance Authority
• Miscellaneous other programs

There are some personal income and total loan amount restrictions.

Find Out if You Qualify
1-800-381-5573 Ext. 0409
24-Hour Recorded Information
"Rejuvenated Home Buyer Tax Credit"

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