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Homebuyer Tax Credit Being Extended - for 1st time and Other Buyers

Homebuyer Tax Credit Being Extended - for 1st time and Other Buyers

by Brian Petrelli 5. November 2009 17:09

This is fantastic news!

From the Denver Post:

Obama to sign bill extending homebuyers credit

WASHINGTON—The White House says President Barack Obama on Friday morning will sign a bill that expands a popular homebuyers tax credit and extends unemployment benefits.

Congress on Thursday completed work on the $24 billion economic package that seeks to help out the millions who have lost jobs and have been unable to rejoin the workforce. The White House announced Obama's intention to sign the bill shortly after Congress finished the legislation.

Under the measure, an $8,000 tax credit for first-time homebuyers would be extended for seven months and expanded with a $6,500 credit for some prospective homebuyers who already own homes.

 

 

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