Hey Lake Norman and everyone else reading this blog; So what does it really mean…
- Individuals with Adjusted gross Incomes of $75,000 or less will receive $600.
- Families with adjusted gros incomes of $150,000 or less will receive $1200.
- Families with children will receive $300 per child.
- Benefits will be paid to 20 million senior citizens and $250,000 disabled Vets…Neither of these pay income taxes so this was reall push.
- Illegal immigrants will not qualify for tax rebates.
So run the scenarios…A family of 5 (if income is less than $150K AGI) will receive $2100.
Checks from the government will be out in MAY…
This information is courtesy of Sherry Bradley from Chase Home Finance. She is the lending partner that I frequently use to help me and my clients. You can read about her at: http://activerain.com/blogs/sherrybradley
Contact your Lake Norman Agent at 704 451 7051 for more information!
Want more information about this and FHA Loans?
See this video. It is about 7 minutes long but worth it!
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