December 29, 2008
The Housing and Economic Recovery Act of 2008 authorizes a tax credit up to $7,500 for qualified first-time home buyers purchasing a home on or after April 9, 2008 and before July 1, 2009. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit. [...]
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November 3, 2008
Credit Crunch! Global Financial Breakdown! Collapse of Wall Street! These headlines are extremely frightening if you are thinking of buying a home in the Minneapolis area any time soon. Where’s the money? The national credit crisis and the stock market worries have led to the perception that it is nearly impossible to obtain a mortgage. [...]
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