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Real Estate Stimulus

Posted on April 1, 2010 by LiNuX

If you are a first time home buyer than you are in luck because the real estate stimulus for 2010 allows you to get up to a $8000 tax credit on your return. Taxes are due in just two weeks on April 15th so make sure you get this done and if you did your taxes already and you bought a house recently in 2009 then you can most definitely get the $8000 credit and this credit is fully given to you which you pay back in small sumps over the next few years. Since the economy is nearly in the trash right now, I know that an $8000 tax credit would help you and anyone else that may need the help. If you do buy a house or have bought a house already then make sure you take advantage of the 2010 real estate tax stimulus credit and get an extra $8000 to spend right now.

Since this is kind of like a loan that you have to pay back, it’s still a good thing. Unlike regular loans, you do not have to pay any interest so that is always a plus in my books. If you can get the $8000 right now to spend on your family and perhaps even make a mortgage payment for a month or two, why not just go for it? You can visit ColdWellBanker.com for more information and read up on the 2010 Homebuyer tax credit in their learn center today.

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