An $8,000 tax credit is available to first time homebuyers who close on a new home by April 30, 2010. Take advantage of this while you still can.
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Applies to purchases that close after April 8, 2008, and before May 1, 2010
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Applies only to homes used as a taxpayer's principal residence.
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Reduces a taxpayer's tax bill or increases his or her refund, dollar for dollar.
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Is fully refundable, meaning the credit will be paid out to eligible taxpayers,
even if they owe no tax or the credit is more than the tax owed.
If your not a First-Time Homebuyer don't forget the Move-Up/Repeat Home Buyers Credit. Ask us for details.
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