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2009-12-03 08:56:20
Home Buyer Tax Credit Extended, Expanded

The extension of the first-time home buyer tax credit will help continue to clear out inventory, but expanding the credit to

include more buyers may not be as helpful in high-cost housing areas.
     

President Barack Obama recently signed legislation that extends the deadline on the first-time home buyer tax credit and adds a smaller tax credit for move-up and other home buyers.
     

The extension and expansion gives home buyers a tax incentive to buy a home until at least April 30, 2010 -- April 30, 2011 for qualifying military personnel. The previous deadline, November 30, 2009, has already passed.


Let me know if you have questions.  Happy Hooper House Hunting!!  David Hooper

 
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Home Buyer Tax Credit Extended, Expanded


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