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Homebuyer Tax Credit Extended and Expanded

Changes to the Homebuyer Tax Credit Law Both sides of congress have passed the bill extending and expanding the home buyer tax credit. click on the link to see the basics in a nutshell. This new version has a component giving a credit to current homweowners who sell and buy. This should stimulate the economy even further as every time a home is bought and sold, repairs are made, appliances bought, painters, plumbers landscapers employed.

http://www.realtoractioncenter.cm/realtor-party/documents/2009-NAR-Issue-Brief-Homebuyer-Tax-Credit-Changes-1104-1107.pdf

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Posted Friday Nov 06