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Congress Extends First Time Home Buyer Tax Credit AND Gives Tax Credits to Existing Homeowners

By
Real Estate Agent with Windermere Real Estate N.E.

President Obama just signed a bill extending the First Time Homeowner Tax Credit and allows tax credits for certain existing homeowners.

 

Angela Niece
REMAX Results - Eden Prairie, MN

I still have not heard if the bill requires the existing home owner to sell their home.

Nov 06, 2009 05:27 AM
License Retired
Lebanon, TN

I have a few thoughts on this before we all start popping the corks in the champagne bottles.....

Nov 06, 2009 05:32 AM
Fred Carver Real Estate Consulant
Retired BC Realtor - Victoria, BC
Accredited Real Estate Consultant

Hi Greg....Good News for everyone, seems like even existing home Buyers(who lived in their current home min 5 years) will be eligible for a home buyers Tax Credit.

Great Video presentation, you explain everything well.

Nov 06, 2009 09:05 AM