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How To Keep from Leaving $8,000 at the Closing Table

1.      Who can get the tax credit?

If you are a first-time home buyer purchasing a new home or a resale—you are eligible for the tax credit.  The purchase must take place on or after January 1, 2009 and before December 1, 2009 to qualify for the tax credit. As it applies to the tax credit, the purchase date is the date when the home closes and the title to the property transfers to the home owner.

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