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Time is of the essence!

September 30, 2009

Take advantage of the federal tax credit worth up to $8,000. Buyers need to be moving now to find a home, secure financing and close the transaction before the November 30 deadline if they want to use the tax credit.

The same deadline applies to the Illinois Home Start Tax Credit Advance Loan Program, which allows qualifying buyers to use the tax credit toward their down payment.

What You Should Know:

The American Recovery and Reinvestment Act of 2009 features $8,000 first-time buyer tax credit for first-time buyers who purchase a home on or after Jan. 1, 2009 and before Dec. 1, 2009.

NEW! The Illinois Housing Development Authority Home Start Loan Program offers first-time homebuyers a 30-year FHA insured mortgage and an advance loan in anticipation of their first-time buyer federal tax credit.

Contact me Now for help with your new home purchase: 800-998-4950

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