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Tax Credits Explained for First-Time Homebuyers

Here is a great explaination of Tax credits currently available for first-time homebuyers.  CNNMONEY.COM explains the differences between the Economic Recovery Act of 2008 and the recently signed stimulus package of 2009. The Economic Recovery Act of 2008 gives a tax credit of $7500.00 for first-time homebuyers that purchased after April 1, 2008 and before January [...]