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tax credit: Facts about the Homebuyer Tax Credit - 12/09/09 09:31 AM
Facts about the Homebuyer Tax Credit:
You must have a signed purchase agreement for your home no later than April 30, 2010, and the transaction must close before July 1.
First-time buyers receive a credit of 10 percent of the purchase price, up to $8,000. You are considered a first-time buyer if neither you nor your spouse has owned a principal residence in the U.S. within the last three years.
Buyers who owned and lived in their principal residence for at least five consecutive years of the last eight can receive credit of up to $6,500 when they contract to purchase … (0 comments)

 

Dianne Sommers

Gillette, NJ

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RE/MAX Classic Group

Address: 47 South Finley Avenue, Basking Ridge, NJ, 07920

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