Great news! Tonight, the Senate is voting to extend the Homebuyer Tax Credit through April 30, 2010. As drafted, the tax credit will apply to ALL, not just first-time homebuyers. The move-up buyers must have been in their current residence for a minimum of three years. The income limitation for a since buyer is $125,000, and $225,000 for married couples filing a joint tax return. I don't know any additional details but I'm sure you'll all get it after a positive vote!
~ Duke
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