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IT'S OFFICIAL! President Obama has signed the bill...

President Obama signed HR 3548 (The Worker, Homeownership, and Business Assistance Act of 2009)

This bill extends unemployment benefits and includes an amendment to also extend and expand the federal tax credit.

Here is my previous post from yesterday which outlined the variations between the old tax credit and the new one:

Tax Credit differences

One MAJOR change is: Existing homeowners who have lived in their homes for at least five consecutive years, (out of the last eight) will be eligible for a credit that can total $6,500.

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ToulaRosebrock.com

Toula N. Rosebrock (of Diane Turton, Realtors) - Broker / Sales Associate

Specializing in all of Ocean County - Lacey Township Real Estate, Forked River / Lanoka Harbor

Unique Name ... Unique Agent ... Unique Service!

My Websites:

www.Toula.org

www.ToulaRosebrock.com

www.OceanCountyNJRealEstateSales.com

Waterfront Properties, Single Family Homes, Multi Family Homes, Condos, Townhomes, Adult Communities, Vacant Land, Commercial Properties, 1031 Exchanges

Posted Friday Nov 06