Thursday, November 12, 2009

Homebuyer Tax Credit Extended and Improved

The NEW AND EXPANDED Home Buyer Tax Credit.


The First Time Home Buyer Tax credit was scheduled to end December 1st of this year. However, due to the success of the program, and it's positive effect on the economy, congress has voted to extend the program and make the credit available UNTIL APRIL 2010.

First time home buyers, who weren't able to get a home this year, still have a few months to get up to $8,000 to assist with the purchase of their home. The income limit has been increased making the credit available to some home buyers who may not have qualified for the previous grant. Perhaps the biggest improvement of this program is extending the credit to all home buyers! Home owners who have been living in their home for 5 consecutive years also qualify for Free Grant Money of up to $6,500.00.


For more information visit http://www.federalhousingtaxcredit.com/.

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