Still available: Home buying tax credit
Posted by SmartMarketingExpert.com in InterestingYou do not have to look far to know that the housing market has had a tough time. It has suffered for the last couple of years and has had trouble trying to rebuild itself. The government has a home buying tax credit plan that they feel will get the potential home buyers to the buying table. One group of potential home buyers that is being targeted is the first time home buyers. If you are a first time home buyer or if you have not owned a home in the last 3 years then you may qualify for a $8000 tax credit. The program was expanded to a new target of potential home buyers and they are the home owners that have lived in their homes for the past 8 years consecutively. This group of home buyers may qualify for $6500. This program is designed to kick start the housing market so that it can stand on it’s own. The goal is to have more people buying the homes that they have been thinking about buying which would stimulate the market due to activity. A booming housing market is a good thing for everyone and the economy as well.

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