$8000 TAX CREDIT FOR FIRST TIME HOME BUYERS!

If it isn’t enough that the interest rates are below 5%, first time home buyers can take advantage of a $8000 tax credit in 2009.  Makes me wish I were a first time home buyer again… A step up from last year’s $7500 tax credit (loan) that had to be repaid.  It’s practically like the government is paying you to buy a home!  And don’t think you can wait until the last minute to take advantage.  My guess is if you wait past September or October there will be a waiting line to take advantage of this program-slowing down loan processing and your closing date.

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