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Published: Oct. 29, 2009 By Steve Cook Real Estate Economy Watch Senate Majority Leader Harry Reid (D-NV) and Chairman of the Senate Finance Committee Max Baucus (D-MT), engineered the deal to include move-up buyers in the homebuyer tax credit. A deal struck among key senators last night to extend the homebuyer tax credit will [...] by Phoebe Chongchua The first-time homebuyer Federal tax credit for $8000, record-low interest rates, and nationwide median home prices dropping to the lowest point in five years, makes this an enticing time to consider buying a home. By the way, that tax incentive isn’t truly just for first-time buyers — it’s defined as those not [...] |
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