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Important information for first-time Home Buyers: Don’t miss out on these opportunities!
$7500 Tax Credit - New Housing Stimulus Bill
How often does Uncle Sam lend you money for free?
If you are a first time buyer and close between April 9, 2008 and Juy 1, 2009, you get a
$7,500 tax credit on your return. You have to pay it back, interest free, over 15 years
($500/year) - but this is still a pretty good deal. While it doesn’t help with your loan
approval or underwriting, it’s free money after the fact that you could use to replenish
your bank account, buy furniture - you decide!
federalhousingtaxcredit.com