First time buyers could receive a $7,500 tax credit if they purchase soon.

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.

Click here for the scoop:

http://money.cnn.com/2009/01/29/real_estate/tax_credit_near/index.htm?postversion=2009012907

David J Edwards
REALTOR
Keller Williams Realty Southeast Sound
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David J Edwards is a full time real estate agent and REALTOR with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers.