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09/19/09
Time running out for home-buying rebate
Filed under: General, Real Estate, Mortgages
Posted by: Lillian Wong @ 2:46 pm

With time running out to qualify for a hefty federal income-tax credit, prospective first-time home buyer Cassie Durkin did not want to end up a day late and $8,000 short.

Like many hoping to cash in on the economy-boosting tax incentive worth as much as $8,000, which expires on Nov. 30, the 24-year-old Durkin said time was a big factor in her decision to purchase a new home this month.  more…



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