November 2nd, 2009 by Michael Oliver

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Share on Facebook The first time homebuyer tax credit extension is getting close to being completed. Here is the latest on what should be a part of the final package for homebuyers;

— The tax credit would be $8,000 for first-time home buyers and $6,500 for move-up buyers (from December 1, 2009 to April 30, 2010).

— Move-up buyers will be eligible, so long as the home they are leaving has been used as their principal residence for 5 years or more.

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