Tag Archives: stimulus package

Stimulus for First Time Home Buyers & Current Home Owners Passes Both Houses of Congress

First-time home buyers (FTHBs) have been getting tax credits of up to $8,000 since January as part of the economic stimulus package. But with that housing program scheduled to expire at the end of November, the House voted to extend it into the spring - and to expand it to many people who already own [...]

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Senate Votes to Extend First Time Home Buyers Credit AND Adds Credit for Other Buyers

Check out this article in the Washington Post about extending the First Time Home Buyers Credit and adding a $6,500 credit for buyers who have lived in their home 5 consecutive years out of the last 8.
http://www.washingtonpost.com/wp-dyn/content/article/2009/11/04/AR2009110404564.html?hpid=topnews

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First Time Home Buyer - Stimulus Package

A tax credit of up to $8,000 is now available for qualified first-time home buyers (or anyone who hasn’t owned a home in the last 3 years)purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to [...]

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