Comments on: 1st Time Homebuyer Tax Credit, will it pass the House? http://californiarealestateandlife.com/?p=798 Real Estate Information and Activiites for Southern Californina Tue, 13 Jul 2010 16:50:13 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Kathy http://californiarealestateandlife.com/?p=798&cpage=1#comment-347 Kathy Wed, 18 Nov 2009 03:58:10 +0000 http://californiarealestateandlife.com/?p=798#comment-347 Hi Addy, Yes the tax credit is a percentage. It is 10% up to $8,000 for 1st time Homebuyers (haven't bought within 3 years) and $6,500 for people that sell and move if they have lived in their present home for at least 5 of the last 8 years. Hi Addy,
Yes the tax credit is a percentage. It is 10% up to $8,000 for 1st time Homebuyers (haven’t bought within 3 years) and $6,500 for people that sell and move if they have lived in their present home for at least 5 of the last 8 years.

]]> By: Addy http://californiarealestateandlife.com/?p=798&cpage=1#comment-346 Addy Wed, 18 Nov 2009 01:56:52 +0000 http://californiarealestateandlife.com/?p=798#comment-346 Hi Kathy, That's useful info. Do you know how much the tax credit is proposed to be? Is it a flat rate or a percentage? Hi Kathy,

That’s useful info. Do you know how much the tax credit is proposed to be? Is it a flat rate or a percentage?

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