Northern Virginia Homes & Condos – Arbour Realty

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Exciting News for Home Buyer Tax Credit Bill.

Written by Lisa Tsoupelis
Published on November 6th, 2009
Categorized under: Home Buying Advice, Home Selling Advice

Today’s news that Congress has extended the Homebuyers Tax Credit which was set to expire on the 30th of this month is wonderful news not only Tax Credit Billfor First Time Homebuyers but also for existing Homeowners. The Home Buyer Tax Credit has been extended by Congress until April 30th, 2010 with some exciting modifications to the old Home Buyers Tax Credit Bill.

In addition to the extension of the tax credit of up to $8000 for first time homebuyers, the new bill will also provide a tax credit for current Homeowners who have used the home or sold or being sold as a principle residence consecutively for 5 years of the previous 8 years.

These Homebuyers Tax Credit Changes provide First Time Buyers and Existing Homeowners the perfect opportunity to start a new  Northern VA home search today.

Read more about the Homebuyers Tax Credit Changes.

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