Real Estate Blog June Archive

Millions of households in America have already received or will receive an economic stimulus check from the federal government. This article answers a few questions related to the stimulus check and provides suggestions for the homebuyer on how to use this money to your benefit when buying a home.

According to the IRS, if you have a social security number, filed a 2007 tax return, and earned at least $3,000 last year, you may be eligible for a stimulus check. Payments began at the end of April and will be sent out through July. People must file a tax return to receive the payment, even if they are not otherwise required to file. The amount you receive will not change the amount of your tax refund and is not taxable.

Read more: Home Buying and Your Stimulus Payment [click]