Friday, November 6, 2009

News for Obama signs bill: Homebuyer tax credit extended

Homebuyer tax credit program extended
Cynthia Shelton, 2009 Florida Realtors® president, shares the great news about the newly extended and expanded homebuyers tax-credit program.
· Watch the video now
WASHINGTON – Nov. 6, 2009 – President Obama signed H.R. 3548 this morning, enacting into law an extension, and adjustment, of the $8,000 tax credit for first-time buyers. Among other things, the extension adds money for certain move-up buyers; creates one deadline for signing a contract and a later deadline for closing; changes income requirements; and limits a purchased home’s cost to $800,000.
Click the link below for more detail:
http://www.floridarealtors.org/NewsAndEvents/article.cfm?id=226422#

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