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How the new $6,500 federal tax credit for 'move-up' home buyers may benefit you |
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Written by Jason Elrod
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Recently the Senate and House passed a bill extending the $8,000 tax credit for new home buyers, but there was a great addition this time that bears taking a look at. It is the $6,500 tax credit for 'move-up' buyers. With qualifying home prices up to $800,000 and family income up to $225,000 (adjusted, filing joint), now may be the time to make a move up to a great Granite Bay luxury home while interest rates and prices are still at uncanny lows...
...Check out this great article over at LA Times that has additional information about the program.
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Jason Elrod
'The Real Estate Insider Running Your Neighborhood'
916-626-4266
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Broker Associate / Keller Williams Realty
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