CONGRESS HAS EXTENDED & EXPANDED THE FIRST-TIME HOMEBUYER TAX CREDIT NOW AVAILABLE TO CURRENT HOMEOWNERS
THE AMERICAN RECOVERY & REINVESTMENT ACT OF 2009 (2009 STIMULUS BILL) HAS MODIFIED THE HOUSING AND ECONOMIC RECOVERY ACT OF 2008
The $8000 credit will be available for the purchase of a principal residence on or before April 30, 2010 with settlement before July 1, 2010. For current homeowners the tax credit is $6500.
