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

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

    A first time homebuyer tax credit offers a direct reduction of the amount of income tax you owe. ... (later increased to $8,000), which had to be repaid in equal installments over 15 years. Under ...

  3. 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 ...

  4. American Recovery and Reinvestment Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/American_Recovery_and...

    Homebuyer credit House – $2.6 billion to repeal a requirement that a $7,500 first-time homebuyer tax credit be paid back over time for homes purchased from Jan 1 to July 1, unless the home is sold within three years. The credit is phased out for couples making more than $150,000.

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

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

    Fed legislation would create $15,000 tax credit for first-time homebuyers. Gannett. Wheeler Cowperthwaite, Providence Journal. ... That was increased to $8,000 in 2009, according to the IRS.

  6. 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.

  7. Senate, House Votes Unanimously to Extend Homebuyer Tax Credit

    www.aol.com/news/2009-11-05-senate-house-votes...

    WASHINGTON -- Buying a home is about to get cheaper for a whole new crop of homebuyers -- $6,500 cheaper. First-time homebuyers have been getting tax credits of up to $8,000 since January as part ...

  8. Home Tax Credit Expiration to Lead to Second Housing Slump?

    www.aol.com/news/2010-06-22-tax-credit...

    We had a few months of good news for the housing markets, as homebuyers rushed to take advantage of the $8,000 federal homebuyer tax credit. But leading indicators for the housing market -- from ...

  9. Why the Home Buyer Tax Credit should be allowed to expire - AOL

    www.aol.com/2009/11/05/why-the-home-buyer-tax...

    It appears Uncle Sam will keep propping up the still shaky real estate market for months to come. The Senate last night voted to extend the $8,000 first-time home buyers tax credit, and the House ...

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