How to Get An Extra $1800 For a Georgia Home

For Georgians, not only can you get up to $8,000 for a first-time home purchase, you now can get up to $1800 for any home purchase (whether you are a first-timer or not).  On Monday, May 11, Governor Sonny Perdue signed legislation into law that creates a new state income tax credit for home purchases in Georgia.  The tax credit will apply to purchases of eligible properties between June 1 and November 30, 2009, and is expected to spur activity in the housing market. 

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.