Hurdles face those looking to tap into home buyers' tax credit

03/15/2010 | Wall Street Journal, The

There is still time for first-time home buyers and existing homeowners to take advantage of tax credits, but would-be buyers still face considerable hurdles in getting approved for a mortgage. Also compounding the difficulty are appraisals coming in below the purchase price -- a likely scenario in many battered markets -- which can put a deal in jeopardy.

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Wall Street Journal, The

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