Fay's Point Matching 1st Time Homebuyer Credit
Fay's Point will offer a matching First Time Homebuyer stimulus payment in the form of paying for buyer's cost for a total of $8,000 in the following buyer's options:
- Buyer's closing costs, including points, title fees, tax and assessment escrows.
- Buyer selected upgrades
- Boat slip rental for 2009 season
- Payment of assessment fees for 2009
You select the options you most prefer and Fay's Point will fund at closing for a total of $8,000.
Buyer must meet the published federal criteria for the definition of 1st Homebuyer.
When used along with the American Recovery and Reinvestment Act $8,000 First Time Homebuyer Stimulus that's a total of $16,000 that you can put towards purchasing a home, and all when you need it the most.
Additionally, Fay's Point has special programs with the Harris Neighborhood Commitment™ program to make mortgages as affordable as possible.
Offer applies to inventory homes only. This incentive cannot be combined with any other offer. Offer expires June 1st 2009. Buyer should review Federal Tax credit with their tax advisor to determine eligibility and limitations on federal tax credit. More information can be obtained at http://www.irs.gov/newsroom/article/0,,id=204672,00.html
