Federal Housing Tax Credit Extended AND Expanded!
11.30.09
GREAT NEWS - Homebuyer Tax Credit Extended and Expanded!
$8,000 For First-Time Buyers. $6,500 For Move-Up Buyers.
With PCS Homes' low prices, low interest rates and now the extended and expanded federal tax credit, your dream home may be closer than you think!
The current $8,000 federal tax credit for first-time homebuyers is extended to April 30, 2010.
A new tax credit for certain existing homeowners has been created. The amount of the new credit is $6,500. To qualify, an individual must have owned and resided in a home for any 5-consecutive year period during the last 8 years prior to purchase of a new home.
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