The Worker, Homeownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 with a binding sales contract signed by April [...]
Posts Tagged as ‘move-up’
November 5, 2009
Senate and House Approve Tax Credit Extension and Expansion!
*UPDATE: President Obama has signed the bill into law*
First Time Home Buyers now have until April 30, 2010 to purchase a new home to be eligible for the $8,000 credit.
Great news from Capitol Hill today as Congress has just passed legislation to extend the $8,000 First Time Home Buyer Tax Credit until April 30, 2010! [...]
October 30, 2009
Legislation Pending to Extend Tax Credit
Legislation is currently pending to extend the First Time Home Buyer $8000 Tax Credit, as well as provide a new tax credit for Move Up Buyers (those that currently own a home and are looking to move up to a new home).
See below for a brief overview of the new legislation:
October 13, 2009
Now is a great time to “Move-up!”
Buyers who are in the market to “move-up” may not realize now is a great time to sell your “starter” home and buy up. You may think it’s a complicated situation to sell your first home because the market is not as strong as when you first bought. You are probably thinking you can’t afford [...]
