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$8,000 Tax Credit News

On February 1, 2010 By

The popular $8,000 tax credit for first-time home buyers. Originally scheduled to expire on November 30th, 2009, this valuable tax credit of up to 10% of the purchase price or up to $8,000 was extended into 2010 (purchase agreements must be signed by April 30, 2010, and closings must be final by June 30, 2010).

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As you can see here. We have a breakdown for last years Tax Credit per say, More like a Interest Free Loan. As well as this years Tax Credit.

If you have any questions in regards to the difference please do call me. Would love to help you [...]

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Here are the rest of the questions for the Tax Credit.

I know that there is alot of confusion still about the first time home buyer tax credit. NAR has a breakdown of the most asked questions. I bring them to you here so you can better undstand them.

There are alot so [...]

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If you have questions here are some answers. There are many people who still do not understand how the credit works. These answers were listed on the FAR website and it has great explainations.

ยท The deduction is worth 10 percent of a home’s value up to $8,000, which means all homes [...]

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