Blu Homes

Winter is great time for regrouping and laying out your plans for the warmer months ahead – as just the planning stages of building a new home or structure can take months!  And thanks to generous tax credits given to both qualified first time home buyers and repeat home buyers, it is also a great time to move forward on building your Blu home and take advantage of cash-back tax savings of up to $8,000.

Federal Tax Credit

Federal legislation changes in November 2009 expanded and extended tax incentives for first time home buyers and in some cases, repeat home buyers. With this legislation, first time home buyers can receive a tax credit of up to $8,000; and repeat home buyers can receive a tax credit of up to $6,500. This means that if you are buying a home for $150,000 and put 10% down, or $15,000, you could recoup more than half of your down payment. That’s a huge savings!

However under federal guidelines, eligible home buyers must purchase or enter into a binding contract to purchase on or before April 30, 2010 and close by June 30, 2010.

Given our current building and delivery schedule, we have a limited number of homes that can be installed by June 30^th and meet this deadline – we would love to build your Blu home AND make sure you can achieve these savings, giving more opportunity for integrating extra green features, or just decorating and setting up your new Blu home.

 For full details about federal tax credits please visit:  http://www.federalhousingtaxcredit.com/home.html or http://www.irs.gov/newsroom/article/0,,id=204671,00.html