Our U.S. Congress recently passed legislation that extends and expands the previous home buyer tax credit. This new and improved version offers $8,000 to first time home buyers, as well as $6,500 for so-called “move-up” buyers. These move-up buyers are defined as having held their primary residence for the past five years.
In my handy video below, I go into more details about what this credit means for the first time buyers are how you can develop your road map to owning your own home and getting $8,000 off the price!
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