Homebuyer Tax Credit

Homebuyer Tax Credit.-The new bill provides for an $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence or a $6,500 tax credit for existing homeowenrs.  The credit does not require repayment. (see below for more information) 

Click here to read the freqently asked questions about the federal tax credit.

or

Click here to read about the changes to the new tax credit.

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