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New bill offers $20,000 subsidy to foreclosure buyers – HousingWire

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New bill offers $20,000 subsidy to foreclosure buyers « HousingWire.

– A recent bill recently introduced could give homebuyers $20,000 for down payment assistance for purchasing a foreclosed property. It also could give tax exemptions to investors who agree to purchase the home then convert it to a rental property. Click the link above to read the full article and share your thoughts here! Do you think the government should be giving away money in this economy or will this stimulate economic recovery?