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tax credit legislation

THE FIRST TIME HOME BUYERS TAX CREDIT ON THE WAY FOR OBAMA’S SIGNATURE According to a breaking news story, the Senate has passed a bill that would extend the current First Time Home Buyers Tax Credit of $8,000 through April of next year.  The current tax credit is scheduled to expire on November 30, 2009.  [...]

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The first major change to the $8,000 home buyers tax credit began making it’s way through Congress last week, giving some hope to real estate and mortgage professionals, but even more to first time home buyers that have not yet taken advantage of this opportunity. Several smaller bills were combined into the “Service Members Home [...]

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