Chris Tesch
Bryan and College Station real estate, luxury homes, advice to Bryan home sellers and College Station Home Sellers. Advice to Bryan home buyers and College Station home buyers.
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Does it always feel like you're a day late and a dollar short? Are you a buyer who needs College Station Real Estate or Bryan Real Estate? Did you miss the April 30th deadline for finding a home and reaping the $8000 tax benefit? Fear not! Stimulus money is still there!
More than $28 million dollars is availabe through the Brazos County Housing Finance Corp. You might qualify to receive a 35% credit on your income taxes for the lifetime of your loan capped at $2000 a year. The best thing about this is it's not quick BUT it potentially is a lot more money over the lifetime of the loan. On a 30 year mortgage there is a potential savings of $40,000.
Maximum income limits do exist, but are fairly generous. One or two member households can have a maximum income of $58600. Three or more in the household qualify with an income up to $67,390. Some areas will actually qualify with more income.
You must use an approved lender for this homebuyer credit.
This credit includes any counties within Brazos County.
Call to find out more. We'll walk you through the process and find you the perfect home as well!!!
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