Tuesday, February 17, 2009

How the stimulus bill helps home owners


The recently-passed national Stimulus bill contains good news for home buyers. If you're a first-time buyer, or haven't owned property in three years or more, you are entitled to an up-to $8000 tax credit. Also, the jumbo-conforming loan limits in expensive areas have been raised to $727,000. This is good until December 31, 2009.

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