Will someone explain to me the importance of the $ 15,000 tax credit...means to buyers??? If it passes...

Asked by Jermaric Gray, Houston, TX Sun Feb 8, 2009

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TCP Real Est…, Agent, Austin, TX
Sun Feb 8, 2009
The Senate voted last week to give a tax break of up to $15,000 to homebuyers in hopes of revitalizing the housing industry. It would allow a tax credit of 10 percent of the value of new or existing residences, up to a $15,000 limit. Current law provides for a $7,500 tax break for the purchase of new homes only. Read about the current tax credit at:
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Dallas Texas, Agent, Dallas, TN
Sun Feb 8, 2009

Direct link I hope this assists IT does get rather crazy with daily changes
Web Reference:  http://www.lynn911.com
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