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Home tax credits offered

Posted: Friday, August 28th, 2009 at 4:57 am

As the economy starts to recover, more incentives are becoming available for first time homebuyers. Iowa Association of Realtors President Terry Knapp says first time buyers can receive up to $8,000 in tax credits. Knapp says low mortgage rates and high inventory in Iowa have kept the state’s housing market stable. He says purchases must be made by November 30 to qualify.

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