President Obama signed legislation today to extend the $8,000 tax credit for first time home buyers through April 2010. In addition, there will be a $ 6,500 tax credit for repeat buyers who have lived in their home for five of the previous eight years.
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President Barack Obama signed the stimulus bill Tuesday which is great news for first time home buyers. We are sure you all have questions as to how it is going to affect you. Below are highlights regarding the credit that we thought would be of interest
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