You've most likely have heard of the First Time Home Buyers Tax Credit for First Time home buyers. This allowed home buyers who did not own a property in the last 3 years to purchase a home with up to 8,000 in tax credit refund.
Take Notice All you Home Owners Selling a Home to Buy another Home!
The 8,000 Home Buyers Tax Credit has now been given new life. It has been extended till April 30, 2010 and revised to included Home Owners. If your a homeowner selling your home to purchase another home you may qualify for 6,500 tax credit.
They have also increased the Income Cut off point to $125,000 Single & $225,000 for Joint Income. This should make it possible for more buyers to qualify with this expanded version of the Home Buyers Tax Credit.
If your more of a visual Person - See the updates on this Chart - about the expanded /extended 8,000 Home Buyers Tax Credit and see if you qualify.
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