Friday, November 6, 2009

Tax Credit Extention

President Obama is expected to sign into law today the newly extended and expanded tax credit for home buyers. The most interesting addition to the credit is the new credit to existing home owners who want to purchase a new home. The National Association of Realtors website that highlights the differences between the last one and the new one. You can get a pdf download at www.realtor.org




I've been looking forward to this new extention of the credit as there are many people who have been on the fence about moving from their current home to buy a new one. This credit may be the thing that helps them with a little of the loss in equity they have faced over the past couple of years.







Best of luck!



Scott


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