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homebuyer tax credit: Details on the Homebuyer Tax Credit - 08/28/08 11:18 AM
In a previous blog, I mentioned the Homebuyer Tax Credit for first-time buyers which is included in the housing bill recently passed by Congress - the Housing and Economic Recovery Act of 2008.
To recap - the bill provides a credit of up to 10% or $7500 (whichever is less) for first-time home buyers. The "credit" is actually a loan which is paid back over 15 years in equal payments. If you sell your home before the credit is paid back in full, the balance is due at time of sale.
The credit applies to the purchase of a home made … (2 comments)

homebuyer tax credit: Important Information on the Homebuyer Tax Credit - 08/19/08 12:14 PM
You may have heard about the First-time Homebuyer Tax Credit that is part of the Housing and Economic Recovery Act of 2008.I have included here the highlights of the credit and how it may apply to you.Even if you are not considering a purchase at this time, you may know someone who is thinking of buying a home in the near future - so please pass along this information. I also have available "Frequently Asked Questions" about the tax credit from the National Association of Realtors, which provides additional details. Feel free to contact me at anytime to receive a copy.
HOUSING … (0 comments)

 

Kenneth Belferman

Pittsburgh, PA

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Prudential Preferred Realty

Address: 3911 William Penn Highway, Monroeville, PA, 15146

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