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The New and Revised Tax Credit for Home Buyers

This email article from Mike Neill does a nice job of explaining the new programs:
 
First-Time Homebuyers (FTHBs):  First-time homebuyers (that is, people who have not owned a home within the last three year) may be eligible for the tax credit.  The credit for FTHBs is 10% of the purchase price of the home, with a [...]

November 7th, 2009 | Tags: | Category: Home Sales | Leave a comment

MBA to Hill: Expand Home Buyer Tax Credit

Email provided by Kathy Morrow
Branch Manager/Sr. Loan Specialist for CNN Mortgage, Inc.

Article by Sorohan, Mike
The Mortgage Bankers Association, in a statement submitted to a House committee, urged Congress to extend a popular home buyer tax credit set to expire next month, and to expand its scope.

MBA told the House Small Business Committee the $8,000 first-time [...]

October 17th, 2009 | Tags: , , , , | Category: Financing, Home Sales | Leave a comment