Did you know that the 1st Time Homebuyer Tax Credit has been extended AND expanded?   

• 1st Time Homebuyers (defined as a “buyer who has not owned a principal residence during the 3 year period prior to the purchase”) may be eligible for a 10% tax credit - up to $8,000 - when they purchase a home from Sun Homes!

• Current Homeowners (defined as "buyers who have owned and resided in a principal residence for 5 out of the last 8 years") are now eligible for a 10% tax credit - up to $6,500 - when they purchase a home from Sun Homes!

How Do I Receive My Tax Credit?

Buy a house today and when you file your tax return, you will complete Form 5405 for the credit!   The credit you receive will offset any tax obligation you may have, and any remaining credit balance will be refunded to you by the IRS!

Is the Tax Credit a “True Credit”?

Yes! Unlike the tax credit program offered in 2008, this tax credit does not require repayment as long as the home you purchase is your principal residence and you reside in it for at least 3 years!