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ByKeith May

Do I have to pay back the $8000 tax credit?

The 3 year time frame for paying back the Tax Credit from 2009 is coming up.  This is a question on a lot of peoples minds right now. Check out the YouTube video here!

Do I have to pay the homebuyer tax credit back? How much is the credit for?  $7,500 or $8,000? It depends. For homes purchased in 2008, the $7,500 credit (or  10% of purchase price, if less) operates much like an interest-free loan. You  generally can repay it equal installments over a 15-year period unless you move  out or sell the home earlier than that. The maximum credit is reduced to $3,750  for married individuals filing separately. For homes purchased in 2009, you must  repay the $8,000 credit (or 10% of purchase price, if less) only if the home  ceases to be your main home within the 36-month period beginning on the purchase  date. The maximum credit is reduced to $4,000 for married individuals filing  separately.

Keith May, Keller Williams, 405-509-6111

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ByKeith May

Great houses with great schools

Great houses with great schools in Edmond, Oklahoma. Medium price range!!
Call today before this clean condo is gone!
See my YouTube video here!

Keith May, Keller Williams, 405-833-2626

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See my home’s value!

ByKeith May

Great houses with great schools in Edmond, Oklahoma

http://www.youtube.com/watch?feature=player_embedded&v=j7nCMUTzi28

ByKeith May

Top things to do to sell your house

http://www.youtube.com/watch?feature=player_embedded&v=H5Pc-Uv7Gno

ByKeith May

See video below…

See video below on the top things to do to your house before putting it on the market.   Learn to get the most bang for your buck on home improvments. What sells houses and what does not.

See my Youtube video here!

Keith May, Keller Williams, 405-833-2626

Search the entire MLS

See my home’s value!