Extension of the Home-Buyer Tax Credit still moving forward in the Senate

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Posted By Scott Farrell on October 28th, 2009

Details released today by Senator Dodd that the democrats have reached an agreement to extend the soon to expire $8,000 tax credit for first time home buyers.  Republicans cautioned that negotiation continue.  Neither side released any details but the extension will be phased throughout 2010.  The full credit will extend to March and then slowly decrease as 2010 progresses.  To read more about this story got CNBC’s website.

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