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  2. Homebuyer Tax Credit: Closing Date Extension Gets Senate OK - AOL

    www.aol.com/news/2010-06-17-homebuyer-tax-credit...

    Homebuyers who took advantage of the $8,000 federal tax credit but are unable to close by the June 30 deadline may have gotten a reprieve yesterday. On Wednesday afternoon, the Senate OKd a ...

  3. Worker, Homeownership, and Business Assistance Act of 2009

    en.wikipedia.org/wiki/Worker,_Homeownership,_and...

    Besides extending the $8,000 tax credit for first time home buyers until April 2010, the Act also provides a $6,500 tax credit for current homeowners who purchase a home between November 6, 2009 and end of April 2010. [7] The Act also increases the income limits to qualify for the credit.

  4. Congress backs home tax credit extension - AOL

    www.aol.com/news/2010-07-01-congress-backs-home...

    Congress has extended the deadline for homebuyers desperate to take advantage of a popular tax credit. Homebuyers with contracts signed by April 30 who failed to close by the June 30 deadline will ...

  5. Would it help? Fed legislation would create $15,000 tax ... - AOL

    www.aol.com/help-fed-legislation-create-15...

    Tax credits for home buying are not new. In 2008, 2009 and 2010, first-time homeowners could also claim a refundable tax credit from the purchase of their house, although the cap at the time was ...

  6. What is the first-time homebuyer tax credit? - AOL

    www.aol.com/finance/first-time-homebuyer-tax...

    The first-time homebuyer tax credit no longer exists; the U.S. government offered this program for first-time homebuyers from 2008-2010. A first-time homebuyer tax credit offers a direct reduction ...

  7. ‘The cost of housing is so important’: President Biden ...

    www.aol.com/finance/cost-housing-important...

    To address this, the president is calling for a one-year tax credit of up to $10,000 to middle-class families who sell their starter home — defined as a home below the area median home price in ...

  8. Mortgage Credit Certificate - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Credit_Certificate

    The MCC program is designed to help first-time homebuyers offset a portion of their mortgage interest on a new mortgage as a way to help homebuyers qualify for a loan. Because it is a tax credit and not a tax deduction , mortgage lenders will often use the estimated amount of the credit on a monthly basis as additional income to help the ...

  9. Existing Home Sales Jump in April, But Next Month, No More ...

    www.aol.com/.../05/24/existing-home-sales-tax-credit

    A compelling question arises in the wake of April's larger-than-expected 7.6% rise in existing home sales: Should Congress again extend the federal tax credit for home buyers? The credit, $8,000 ...

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