Selling 
Information for people looking to sell their real estate in Alaska.
There are currently 1 blog entries related to this category.
$8,000 Tax Credit Extended Plus $6,500 For Existing Homeowners
Thursday, November 5th, 2009 at 5:49pm. 843 Views, 0 Comments.
I'm pleased to share the following excellent news with you regarding the extension of the Home Buyer Tax Credit:
Both Houses OK Tax Credit Extension, Expansion
The House today and the Senate yesterday passed legislation to extend the $8,000 home buyer tax credit to May 1, 2010, for first-time buyers and add a $6,500 tax credit for repeat buyers if they've lived in their home for five of the past eight years. Home prices are capped at $800,000.
The legislation in both houses was included in a bill to extend unemployment benefits and is expected to be signed by President Obama shortly.
“REALTORS® appreciate the swift action by Congress to extend the home buyer tax credit and expand it to some current homeowners,” says NAR President Charles McMillan. “As the…
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