Posts Tagged $8000 Federal Tax Credit
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Updates on Federal Tax Credit Extension, Part II
A little further clarification on the Federal Tax Credit for the purchase of a home: For First Time Home Buyers Maximum price for the purchased home is $800,000. New home must be the principle residence of the buyer(s) for the next three con
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Updates on Federal Tax Credit Extension
The President did sign the bill on November 6th that extends the First Time Home Buyer Tax Credit and creates the new Move-up Home Buyer Tax Credit. The National Association of Realtors was a leading force in pushing for this legislation. They put
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The Federal Tax Credit WILL BE Extended!
The US Senate and the House of Representatives have voted on an extension of the Federal Housing Tax Credit, with a new twist! The passage of H.R. 3548 provides for an extension of the existing first-time home buyers tax credit of $8,000 AND provide
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Federal Tax Credit Use Expanded!
HUD Secretary Shaun Dunn has announced a new use for the $8,000 Federal Tax Credit. HUD's Mortgagee Letter 2009-15, dated today, May 29, 2009, outlines the government's position on the expanded use for these dollars. Generally speaking, FHA quali
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The Sun is Rising Again at MorningStar Ranch!
New home sales in Southwest Riverside County are beginning to show real life again, specifically, in the French Valley area! Sales activity at MorningStar Ranch has dramatically improved over the past month. Buyer prospects are increasing weekly a
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