Posts Tagged ‘extended home buyer tax credit’
2009 Home Buyer Tax Credits
If you own a home, you probably didn’t pay much attention to the home buyer tax credit for First Time Home Buyers.
Now there’s a new tax credit you may be eligible for. The bill passed in November 2009 creates new tax credits for many home owners, to try and get the cycle of buying and selling real estate moving again. That’s because the construction and real estate industries have a big affect on the economy!
The new bill is called the Worker, Homeownership and Business Assistance Act of 2009. The new tax credit is worth of up to $6,500 for qualified move-up or repeat home buyers … which means existing home owners! If you purchase a principal residence after November 6, 2009 and on/before April 30, 2010 (or purchased by June 30, 2010 with a binding sales contract signed by April 30, 2010), you may be eligible for this tax credit. READ MORE
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