Signed into Law today were two very important tax credits that effects real estate. First is the $8,000 first time homebuyer credit has been extended to April 30, 2010. Second a tax credit of $6,500 for buyers who are current homeowners who have lived in there home for five years of the past eight years. Income caps were also increased from 75K to 125k for individuals and 150k to 250k for couples with a capped price of the property at $800,000.
Let me know what I can do to help you buy a home its a great market to buy a home with lower prices and lower interest rates.
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