>> Property must be a new development.
>> Buyers must be first time home buyer with income under $95K.
>> Credit must be applied by Escrow within 7 days after
the escrow is closed. (donot do it by yourself)
>> $10,000 crdit is divided into 3 years ($3333 per year)
>> If buyers stay at the property less than 2 years,
buyers will have to pay back the credit.
Litmitation :
There is $100 mil for the new development fund.
ONLY about 100,000 buyer can take part.
Any question, email to : alcheng@usa.com
Sunday, March 29, 2009
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