Homebuyer Tax Credit – The bill provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009. The credit does not require repayment.
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There will be a change in the FHA guidelines: The government is lowering the price limitations in Orange and Dutchess counties in New York from $443,000 to $356,500. This will take effect on January 1st, 2009. How does this affect you as a buyer? This
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