Newsflash! First Time Home Buyer Credit Extended*

First Time Home Buyer Tax Credit Extended*

Great news! Both Houses of Congress passed the $8,000 Tax Credit extension for First Time Home Buyers from December 1, 2009 when it would have expired to April 30, 2010. Further, some provisions have been added for eligibility, including increased income limits for individuals or couples, detailed by NAR.

*It becomes effective once the president signs it, which is a certainty.