Attention first time home buyers! It is time to take advantage of the First Time Home Buyer Tax Credit up to $8000. The First Time Home Buyer Tax Credit is available to first time home buyers who have not owned a home in the past three years. The credit is based upon 10% of the value of the home and applies to condos and townhomes. Certain income restrictions apply but should not affect most first time home buyers.
FHA financing is available with a low down payment for single family residences.
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