New tax credit may be worth pouncing on
Posted on November 15, 2009
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Take a close, hard look at the new $6,500 federal tax credit for “move up” home buyers that passed the Senate and House last week. Though it’s been getting second billing to the original $8,000 credit for first-time purchasers — now extended by Congress through June 30 — the $6,500 credit for…
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The new tax credit did have a significant effect on home sales.