GET EVEN MORE MONEY: Help for Georgia Home Buyers

Pondering whether to purchase a home in Georgia?  Well, you maybe in for a real treat if you do.  Currently, state legislators are reviewing if a statewide homebuyer tax credit should be implemented in addition to the national tax credit being offered to first-time homebuyers.  TAKE ACTION and ask your legislators to support HB 261 and create a much needed Statewide Homebuyer Tax Credit. By offering a short-term, targeted incentive program in the form of a Homebuyer Tax Credit we can encourage Georgians to purchase homes, stimulate the housing sector, and in turn stimulate Georgia’s economy!  This approach was successful in the 1970’s and is the basis for the of the Isakson-Lieberman amendment adopted by the U.S. Senate.

Your legislators holds the key to the success of this statewide home buyer tax credit legislation.  Before you will ever see a statewide tax credit, the legislature must pass and the Governor must sign HB 261.  Let your Senator and Representative know the importance of moving this bill through the Legislature by TAKING ACTION NOW!

Key Points About the Homebuyer Tax Credit for the Purchase of a Home:
*Would have broad and immediate economic impact.

*Would have significant economic impact for communities affected by the recent foreclosure epidemic as well as areas with a glut of new homes and homes that have not sold for an extended period.

*A tax credit will induce credit worthy buyers back into the marketplace, which will help create jobs and strengthen Georgia’s economy.

*We believe this credit will produce a net tax gain as a result of the increased demand on goods and services associated with the real estate industry.  Similar tax credit was offered by Senators Johnny Isakson and Joe Lieberman.  This credit is NOT TIED TO ANY STIMULUS PACKAGE.  IT IS FOR GEORGIA HOMEBUYERS ONLY!

 
*The residual effects of stimulating the real estate market will have broad economic benefits to Georgia, local governments and Georgia families. By investing in the backbone of our economy we strengthen the viability of our great state.

SOURCE: http://takeaction.realtoractioncenter.com/campaign/StatewideTaxCredit?rk=%5fd2uXL4ahQ14E (visit this site to submit an electronic request for this statewide tax credit today!)