I just learned about a new benefit for 1st Time Home Buyers...it comes in the form of a tax credit - from what I am reading it is up to a $2,000 savings per year and it continues on for the life of the loan as long as it remains your primary residence.

Here is an excerpt from the program:  "With the Program the homeowner can claim up to 50 percent of their paid mortgage interest each year as a TAX CREDIT on their Federal IRS Tax Return. The credit is capped at $2000 annually and any remaining mortgage interest not included as part of the TAX CREDIT is still eligible for the home mortgage interest deduction on their federal tax return.

Each year, a homeowner may claim a dollar-for-dollar reduction of income tax liability on 50 percent of the mortgage interest on their first mortgage, reducing the amount of federal taxes owed by as much as $2000."

If you or anyone you know if considering a home purchase & IS A FIRST TIME BUYER (THIS TYPICALLY MEANS YOU HAVE NEVER PURCHASED OR HAVE NOT OWNED A HOME FOR 3 YEARS) just let me know and we can connect you with a lender that is offering the program.  It can go in conjunction with all types of loans like FHA, VA, Conventional or even USDA.

If you are not a 1st Time Buyer please still pass this info along as it could means significant savings for many years for someone else...

Have a good afternoon and let us know how we can help.

Standing by,


Robert A. Crecelius P.A.
First Coast Home Hunters Team of
All Real Estate Options, Inc
PH: 904-502-3014
Fax: 904-458-8975