Tag: first time
Home Buyers Rush to Take Advantage of Tax Credit Before It’s Gone
by Alan Heavens
“Current homeowners buying a house between Nov. 7, 2009, and April 30 and who have used the home being sold or vacated as a principal residence for five consecutive years within the last eight can qualify for the $6,500. It seems less is known about the repeat buyer credit. This incentive was added when the original $8,000 tax credit for qualified first-time buyers, which expired Nov. 30, was extended.”
This is a great article on both the $8000 first-time home buyer tax credit AND the $6500 repeat buyer credit. To read the entire article click here.
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There is a great new article in my November E-Newlsetter regarding the New Homebuyer Tax Credit.
While it may not be right for you at this time, you might have friends and family to share it with. Click here to go to my website, then click on E-Newsletter at the top.