Edge Blog

With the passing of the new Stimulus Bill, first time home buyers have even more reason for purchasing a new home.  The existing tax credit guidelines have loosened for the better!  If you are a first time home buyer and purchase a home after Jan 1, 2009 and before Dec 1, 2009 you will be eligible (generous income limits apply) for a tax CREDIT of 10% of sale price or $8000 whichever is less.

This is a wonderful incentive and can be combined with the MHDC tax credit loan program for buyers who are short on down payment funds.  Go to www.mhdc.com for details.