First-time home buyers -the government enacted a benefit to help you make your first home purchase? The incentive gives first time home buyers a federal income tax credit up to $7,500. Part of the "Housing and Economic Recovery Act of 2008″, creates a temporary, federal tax credit to provide incentive for first-time home buyers to purchase a home. Rob Dietz, economist for the National Association of Home Builders (NAHB) points out, the effects of the credit may extend far beyond the first-time home buyer; as first-time home buyers purchase homes, many home sellers will be able to move up and invest their sales profits (5 comments)
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Gena Bolton
Sandestin, Destin and South Walton 30A Real Estate
Sandestin, Destin, Santa Rosa Beach and South Walton County Florida's Scenic 30A Real Estate Sales.
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