The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.

The following questions and answers provide basic information about the tax credit. If you have more specific questions, we strongly encourage you to consult a qualified tax adviser or legal professional about your unique situation.

Frequently Asked Questions About the Home Buyer Tax Credit

In 1978 Highlands Ranch was purchased by Mission Viejo. As the suburbs of Denver expanded, Mission Viejo desired to build a new planned suburb in northern Douglas County.

Large parcels of land were sold to private housing developers. As these developments appeared, they often carried their own names, creating a series of segmented neighborhoods throughout Highlands Ranch.

Plans for Highlands Ranch included green belts which provided for undeveloped land for recreation. The plans also allowed for a large number of public parks, recreation centers, bike paths and a public library.

Highlands Ranch is an unincorporated community, its boundaries are somewhat undefined, though generally accepted boundaries is the County Line Road to the north, Quebec Street to the east, Santa Fe Boulevard to the west, and Daniels Park to the south.

See Highlands Ranch homes for sale and Highlands Ranch real estate at: www.HighlandsRanchHomeShopper.com

The Federal Trade Commission also advises homeowners to be aware of the following scams:

The foreclosure prevention specialist: