In its efforts to stimulate the economy and revive the housing market, Congress has enacted legislation providing a tax credit of up to $8,000 for first-time home buyers. If you have not owned a primary residence in the 3 years previous to your purchase you are still considered a first time home buyer.
This credit applies only to homes and condos purchased on or after January 1, 2009 and before December 1, 2009.
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