Thinking about Buying a Home in Northern Virginia?Check out the HomeBuyers Tax Credit Bill.
by Lisa Tsoupelis on November 13, 2009
If you are thinking about starting a real estate search in Northern Virginia or already looking for homes in Arlington VA or the surrounding areas, last weeks extension of the First Time 
Homebuyers Tax Credit bill will be of interest to you.
The Home Buyers Tax Credit which was extended by President Obama last week gives an $8,000 tax credit for first-time home buyers, and a credit of up to $6,500 for qualified move-up/repeat home buyers, who has owned and resided in a home for at least five consecutive years of the eight years prior to the purchase date. Learn more about the First Time Home Buyers Tax Credit.
Other exciting tax credit news effects green real estate or green home improvements. There are many additional tax credits available for making environmentally friendly improvements to green your existing home or to help with the purchase of a future green home. Learn more about Fed Tax Credits and Virginia Rebates for Energy-Efficient Home Improvements.
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