November 6, 2009

It’s official. The first time homebuyer tax credit has been extended - President Obama has now signed the bill into law!
First time homebuyers are eligible for the $8,000 tax credit if they sign a contract by April 30 and close by June 30. In addition, this new bill extends the credit beyond first time buyers. Those who are buying a new home and have lived in their current home at least 5 years are eligible for up to a $6,500 tax credit.
To see all the fine print about eligibility, restrictions, etc, click here.
Learn more about today’s signing from CNN.com here.



[...] the $8,000 first time homebuyer tax credit as one of the reasons for the increase and with the recent extension of the credit and the addition of a $6,500 credit for buyers who have lived in their current home for at least 5 [...]
Pingback by Ebby Blog » North Texas Pre-Owned Home Sales Climb 11%. Mary Frances Burleson Quoted. — November 10, 2009[...] the $8,000 first time homebuyer tax credit as one of the reasons for the increase and with the recent extension of the credit and the addition of a $6,500 credit for buyers who have lived in their current home for at least 5 [...]
Pingback by Sellers Get Ready, Get Ready, Get Ready: North Texas Pre-Owned Home Sales Soar « "The REAL" on Real Estate — November 12, 2009[...] the $8,000 first time homebuyer tax credit as one of the reasons for the increase and with the recent extension of the credit and the addition of a $6,500 credit for buyers who have lived in their current home for at least 5 [...]
Pingback by Sellers Get Ready, Get Ready, Get Ready: North Texas Pre-Owned Home Sales Soar « The "Real" on Real Estate — December 16, 2009RSS feed for comments on this post.
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