For those who are interested, here is the wording of the Refundable First-time Home Buyer Credit as announced by Congress in a statement issued this morning.
Essentially it bumps up the level for first time home buyers to $8,000 and waives the repayment requirement. 
You know how this set the real estate market on fire the first [...]Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers. where it was originally published.
Actual Refundable First Time Home Buyer Tax Credit In Stimulus Package
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