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Phyllis Harrison
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Bristol Historical Association Board Member ... show more
Bristol Historical Association Board Member ... show more
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*Accredited Buyer Representative
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*Graduate Real Estate Institute ... show more
Phyllis Harrison answered:
The new $8000 tax credit does not have to be repaid if the buyer stayin the the home at least three years. If the home is sold before three years of ownership the entire amount of the credit is recaptured on the sale.
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