More home buyers to get tax credit
President Obama signed into law a $24 billion economic stimulus bill providing tax incentives to prospective home buyers.
The tax credits center on extending the $8,000 credit for first-time homebuyers that was included in the stimulus package. The credit, which was to expire at the end of this month, will be available through next June as long as the buyer signs a binding contract by the end of April, 2010.
The program is expanded to include a $6,500 credit for existing homeowners who buy a new place after living in their current residence for at least five years.
The above is only the basic outline of the program…If you would like the full details just give me a quick call at 561-432-5202 or email TaxCredit@5614325202.com
