As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
- Expands the credit to grant a $6,500 credit to current home owners purchasing a new or existing home between the date the bill is signed by President Obama and April 30, 2010.
- Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream.
Find out who may be eligible at Realtor.org
NOTE: This has not been voted in yet. Updates to be posted soon.
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