Great News! It has been tentatively agreed upon to extend the existing $8,000 tax credit for first-time home buyers!
The credit has also been expanded to also offer a new $6,500 credit for existing homeowners who have lived in their current residence for a consecutive five-year period in the past eight years.
Home buyers must be under contract by April 30, 2010, and close before July 1.
This is exciting news!!! Spread the word!!!
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