09 November 2009

$8,000 First Time Home Buyer's Tax Credit Extended And Explained

If you are a first time homebuyer wanting to buy a home/condo/houseboat, you need to know that the $8,000 homebuyers tax credit has been extended

Eventhough I was against the extension of this handout, I'm still going to pass along this info for those of you who may have waited long enough for what you may feel is a real deal. (Caveat emptor: I still feel Real Estate will fall another 25 to 50% across the nation.)

That said, some of you still do not understand how the tax credit works. Here's a short video to explain it in very clear fashion:

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