Frankln Home Listings

While all of us in the real estate industry were hoping for  more incentives to be offered to home buyers in the massive spending and stimulus bill that passed the senate this week we did get one thing. If nothing else, the once Temporay $7,500 Tax Credit that was offer in last year housing rescue bill has now been increased to an $8,000 tax credit and does not have to be repaid. Yeah! First Time Home buyers should find this useful in off setting things like closing costs and down payments.

So let's bring this down our level... Buy a home / condo you purchase in Franklin, Spring Hill, Nashville or Brentwood Tennessee under $125,000 would mean when you file your taxes next year you would for all intensive purposes see all that money come back as a TAX CREDIT! Keep in mind this only affects first time home buyers.