The Basics: Extended Home Buyer Tax Credit 2009/2010

Bringing the Dream of Home Ownership Within Reach

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 up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.

To read more on information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream, click the link below!

READ THE FULL STORY HERE AT REALTOR.ORG