firsttime buyers: FIRST-TIME HOMEBUYER TAX CREDIT EXPLAINED - 03/02/09 08:49 AM
If you're a visual person, as I am, you can understand the first-time home buyer credit as modified in the new American Recovery and Reinvestment Act better by looking at the chart below.
Note: the Major Modifications are Italicized


At today's interest rates, a single person can afford a home in the 300's and a couple can afford a home in the 500's to get the maximum benefit from this program.
By the way, if you're a first time home buyer and are looing for a great buyer's agent, give me a call at 978-580-1069.
brgds,mike
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