$8000 "First Time Buyer" credit extended
"First Time Buyer" is anyone not owning real estate for the past 3 years
New $6500 Repeat Buyer Credit
You are eligibly if you have owned and lived in your previous home for 5 consecutive years out of the last 8 years. Purchase price limit of $800,000
To qualify for either credit you must enter into a Purchase and Sale Agreement by the end of April 2010, and the transaction closed by end of June 2010.
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