Nov 06 2009
First-Time Buyer Credit Extended?
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
