On Friday 11/06/09 President Obama signed into law a new bill extending the expiration date of the popular 1st Time Homebuyers’ Tax Credit and expanding the program to include a tax credit for current homeowners who buy a new home. An overview prepared by the National Association of REALTORS of the changes implemented appear below along with answers to some common questions.
Clearly with the combination of low prices, low interest rates and tax credits there has never been a better time to buy a home.
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Tags: homebuyer tax credit
