Breaking News: Congress Extends and Expands Homebuyer Tax Credit

By: Markus Azadeh • November 5th, 2009 • Filed Under • Print This Print This

Home Buyer Tax CreditI received this message from the National Association of Realtors® (NAR) in my email box this afternoon: NAR Update: Congress Extends and Expands Tax Credit (pdf-file). President Obama still needs to sign this bill which apparently will happen tomorrow.

Major update here: Evidently, existing homeowners may take advantage of a tax credit as well, this time around, up to $6,500. Regarding eligibility, please consult with your tax advisor or attorney, because I am not him.

Update November 6, 2009: President Obama has signed the above mentioned bill today, as CNN/Money reports.

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