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:
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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Toula N. Rosebrock (of Diane Turton, Realtors) - Broker / Sales Associate
Specializing in all of Ocean County - Lacey Township Real Estate, Forked River / Lanoka Harbor
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