Home prices are cheap and affordability is at a record high. The market is littered with distressed properties looking for a buyer.

There is one big obstacle for many first-time house hunters: cash for the down payments. The typical first-time buyer has only saved enough to cover 4% of the purchase pice.

SOLUTIONS FOR HOMEBUYERS

Tax Credits Provide Outstanding Opportunities for Home Buyers

The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. It also authorized a tax credit of up to $6,500 for qualified repeat home buyers.

Frequently asked questions about the $8,000 first-time home buyer tax credit.

Frequently asked questions about the $6,500 tax credit for repeat home buyers.

This option is just one way PEPP can help you make your dreams of owning your own home come true. 

Contact PEPP today and get started on your path to the American Dream of Home Ownership.