November 2009 
There are 1 blog entries for November 2009.
First Time Homebuyer Tax Credit Extended!! (Courtesy of CAR)
Thursday, November 5th, 2009 at 4:26pm. 573 Views, 0 Comments.
Dear C.A.R. Members:
More good news for consumers, our members, and the housing market recovery. Following the Senate’s favorable vote yesterday, the U.S. House of Representatives just voted 403 to 12 to extend the home buyer tax credit, expanding the parameters to include existing homeowners and not just first-time buyers. As you may know, C.A.R. and our partners at NAR have worked for months urging Congress and the Senate to extend and expand this crucial piece of legislation. We expect President Obama to sign the legislation in short order.
As it now stands, the federal tax credit will be extended through April 30, 2010, with a 60-day extension if a binding contract is in place prior to the deadline. First-time home buyers will continue to be eligible for…
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