Keller Williams Realty
https://www.buyhomesincharleston.com/blog/tax-credit-extended.html


Tax Credit Extended!

Posted By: Alan Donald In: Buyers
Date: Fri, Nov 6th 2009 4:10 pm

President Obama signed today into law the extension of the $8,000 Tax Credit for first-time homebuyers. To qualify, buyers must contract the sale by April 30th, and close by June 30th, 2010.

In addition, the law expanded the credit to provide a $6,500 Tax Credit for buyers who have owned a primary home for over five years and who want to buy a new home.

This official document shows the differences between the existing and the new Tax Credit laws.

NAR 2010 Tax Credit Comparison