Homebuyer Tax Credit Extended To June 2010, Woot!

Homebuyer Tax Credit Extended To June 2010, Woot!

As anticipated, President Obama signed the 8,000 first-time homebuyer tax credit extension into law on Friday. You can now collect the credit if your home purchase is complete by June 30, 2010. But wait, there’s more! The extension also offers a tax credit for people who are purchasing a new residence, but aren’t first-time homeowners.

$8000 Credit For New Homebuyers Might Get Extended

$8000 Credit For New Homebuyers Might Get Extended

Washington is working on getting the up-to-$8000 tax credit for first-time homebuyers due to expire in November extended, and perhaps even expanded to current homeowners buying a new house. [AP] (Photo: sflovestory)