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Tax Credit Extension Passes - signed by President Obama today -

The first time home buyers tax credit was extended to April 30, 2009 today- first time home owners will continue to receive up to $8,000 tax credit that would not need to be paid back as long as they occupied the home they were purchasing for 3 years.

In addition - they have enhanced the tax credit to couples who have lived at their existing residence for 5 years or more and are deciding to move up, that credit will be for $6,500.00.

Darren Stewart

OakStar Bank N.A.

Posted by Darren Stewart on 11/06/2009 05:41 PM

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