Archive for November 6th, 2009

Nov 06 2009

First-Time Buyer Credit Extended?

Published by Christine under Real Estate

Per a news bulletin, it appears Congress passed the first-time home buyer's credit extension and it's going to the President for signature.

The changes include:

- $8000 credit extended through April 30
- COE of applicable home extended through end of June
- Income limit increased to $225,000
- New clause offering $6500 credit to FTB who lived in their home (worth $800K or less) for five out of prior eight years

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