This is right. <br/><br/>The federal government passed a new law in April this year which enables 1st time home buyer's to benefit from a huge $7,500 tax credit when they purchase a home. This new program was created as a way to cause new home buyers to act and purchase a home now instead of waiting. <br/><br/>The goal of the federal government is to infuse home sales within the economy with lots of new homebuyers benefiting from this tax credit. Currently, the housi...
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