Friday, November 6, 2009

Federal Tax Credit- Extension and Changes

This link goes to info basics on the "old" and "new" federal tax credit program which was just approved by congress and expected to be signed by President Obama.

http://www.realtor.org/fedistrk.nsf/files/government_affairs_tax_credit_ext_chart_110409.pdf/$FILE/government_affairs_tax_credit_ext_chart_110409.pdf



This article from the Christian Science Monitor just goes over the program details, but it is especially interesting to read the comments section at the end with great questions and comments.

Regardless of whether you are for the home buyer tax credit or against it, it appears that it will be implimented. My philosophy is that if the government has decided to give away money and you are contemplating buying a home, you may as well take advantage of it.


http://features.csmonitor.com/economyrebuild/2009/11/05/what-the-6500-homebuyer-tax-credit-means-for-you/

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