Good news for buyers and the housing market. These changes are effective when the President signs the bill. The credit offers several new features, including a $6500 credit for people who are not "first time" homeowners and a binding contract rule which will take away some of the pressure in April, 2010 when the credits are scheduled to expire. See the chart below for a summary:

 
Posted by Nancy Moeller on 11/06/2009 01:08 PM   Comments (0)   Tax Credit in the ActiveRain Channel  

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Nancy Moeller

Anaheim Hills, CA

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Seven Gables Real Estate

Address: 5481 E Santa Ana Cyn. Rd , Anaheim Hills, CA, 92807

Office Phone: (714) 276-7006

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