Extended Home Buyer Tax Credit 2009/2010

Congress has developed plan and passed a new legislation to stimulate the U.S. housing market and address the economic challenges facing our nation by:

·        Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.

·        Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.

Here is more information about how the Extended Home Buyer Tax Credit can help prospective home buyers become part of the American dream.

Homebuyer Tax Credit Video

Below is an animated, informative video on the extended and expanded tax credit.

Contributed by MLR Realty