first time buyers: Homebuyers get a bonus in the stimulus bill - 01/29/09 08:18 AM
First time buyers could receive a $7,500 tax credit if they purchase soon.
NEW YORK (CNNMoney.com) -- If you're thinking of buying a home, there could be a big bonus for you in the economic stimulus bill that's now before Congress.
Among its many provisions is a $7,500 tax credit for first time home buyers. The House passed the $819 billion stimulus plan, including this tax credit, in a vote late Wednesday. The Senate may vote on its version of the bill some time next week.
Technically, the stimulus bill is actually changing the terms of the $7,500 tax credit that … (4 comments)

 

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