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Many people want to know if the existing $8000 first time home buyer tax credit that expires on December 1st, 2009 will be extended.

This is a good question.

As it stands, if you don't take advantage of it by November 30th, you will not get the tax credit. If you are still trying to take advantage of the existing $8000 first time home buyer tax credit, the time to act is now.

Here is the good news! There are a five bills that have been introduced to Congress to extend the first time home buyer tax credit.

Review the five bills in progress...

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