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first time buyers: Home Buyer Tax Credit - 02/27/09 08:11 AM
I have been getting quite a bit of questions from home buyers recently about the "tax credit" which has changed forms many times of late. 
It is my understanding that President Obama's $787 billion stimulus bill was passed into law last Tuesday and it will grant a no-repayment credit equivalent to 10 percent of the purchase price (up to $8,000) for first-time home buyers of principal residences between January 1st 2009 and December 1st 2009. This is unlike the previous $7,500 credit available to this group of buyers, the credit outlined in the American Recovery and Reinvestment Act of 2009 does not … (1 comments)

 

Kent Redding / Broker Austin Texas Real Estate 512.306.1001

Austin, TX

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Prudential Texas Realty

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