First Time Home Buyer Tax Credit Facts

For first time home buyers in this market, there are currently great incentives to make the buying process better than ever. For example, there is now an $8000 dollar tax credit for home buyers purchasing a primary residence before December 1, 2009. To sweeten the deal, HUD has announced that FHA consumers can access these funds when they close on their home so they can be used as a down payment.

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