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Help is on the way. The new First Time Homebuyer Tax Credit has been revised:
Amount: 10% of purchase price, up to a maximum of $8,000
Date of Eligibility: Purchases occurring Jan.1, 2009 - Dec. 31, 2009
First Time Homebuyer Requirement: Buyers may NOT have owned a principal residence in the 3 years preceding the purchase.
Income Limits: Full ...
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