Thursday, September 3, 2009
First Time Home Buyers get $43,000 on CityHomes
First Time homebuyers qualify for $43,000 in direct incentives when buying a CityHome at OneRiverside. The Atlanta Opportunity Down Payment Assistance Program provides a 10% downpayment of $25,000 which is forgiven after 10 years of ownership. Their First Time Home Buyer program provides a $10,000 credit which is forgiven after five years. And the Federal Tax Credit of $8,000 for first time home buyers is good through November 30 and is directly refunded to the Buyer in their Federal Tax return.
