move up buyers: Internet is all abuzz about the $8,000 tax credit
- 10/30/09 08:23 AM
Below is a shorter recapped version of what we have been hearing about the first time home buyers tax credit. Sen. Johnny Isakson's (R-Ga.) office forwarded some additional details of the $8,000 tax credit deal that Senate negotiators worked out last night: The tax credit would be $8,000 for first-time home buyers and $6,500 for move-up buyers. The new tax credits will be available from December 1, 2009 to April 30, 2010. The tax credit will sunset on April 30, 2010, but as long as you have a binding contract by that date, you will still qualify to complete the transaction (2 comments)