What's Going On with the First Time Homebuyer's Tax Credit?

Kristin LaVanway 2009-10-28

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The $8,000 First Time Homebuyer's Tax Credit is due to expire on November 30, 2009. Bad news if you don't have a house in escrow and want to take advantage of the credit. But the good news is that the Senate is closing on a proposal to extend the tax credit through 2010.

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