Homebuyer Tax Credit Reduced...
Posted by Rachel in
Latest News on 02 16th, 2009 |
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Home buyers had hoped for a $15,000 tax credit to buy a new home, but will have to settle for $8,000. The Senate reduced the buyer credit from a proposed $35 billion credit to support home sales for a more modest $2 billion to $3 billion provision.
The proposal would eliminate the repayment requirement...