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Congress is actively considering an expanded home buyer tax credit, and the Senate has approved the following improvements:

  • The tax credit amount increases to $15,000.
  • The tax credit is extended to anyone buying a principal residence.
  • The tax credit will apply to all purchases occuring within a year after the bill is signed into law.
  • It is a true tax credit; it does not have to be repaid.

Please call your Senators and urge support for the expanded home buyer tax credit. To reach your Senators, call 1-866-924-NAHB (6242).

 

 
This post has been included in Alabama Real Estate News
Post is included in group: Realtors®

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Angie-marthapic

Angie Raetz

Huntsville, AL

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Weichert, Realtors® - TEG

Address: 2304 South Memorial Parkway, Huntsville, AL, 35801

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