Illinois News Index

First-time buyers have tax option

Publication
Wilmette Life, 11 Sep 2008, p. 121
Description
Featured Link
Creator
Ruth Solomon
Media Type
Newspaper
Item Type
Articles
Notes
Realtors hope a new temporary state $7,500 tax credit will lead some first-time buyers to take the plunge and buy their first home. The credit is designed to tstimulate the real estate market, but ismore of a no-interest loan. Buyers will have to pay it back, but not until 2011, in increments of $500 a year for 15 years.

Date of Publication
11 Sep 2008
Subject(s)
Local identifier
Wilmette.News.297357
Language of Item
English
Copyright Statement
Protected by copyright: Uses other than research or private study require the permission of the rightsholder(s). Responsibility for obtaining permissions and for any use rests exclusively with the user.
Contact
Wilmette Public Library
Email:refdesk@wilmettelibrary.info
Website:
Agency street/mail address:
1242 Wilmette Avenue
Wilmette, IL
60091-2558
U.S.A. Phone: 847-256-6930
Powered by / Alimenté par VITA Toolkit
Privacy Policy