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Tag Archive | "Tax Credit"

Senate and House Approve Tax Credit Extension

Thursday, November 5, 2009

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Here are the details of the tax credit extension/expansion that the House and Senate have passed (HR 3548) First-timers: Extend the $8,000 homebuyer tax credit to contracts signed by April 30 and closed by June 30. Previously was set to expire after Nov. 30. First-time homebuyer is defined as someone who has not owned a [...]

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President Obama signs the housing bill into law

Tuesday, February 17, 2009

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from the New York Times As expected, President Obama today signed the $787 billion American Recovery and Reinvestment Act (aka “the stimulus”) into law.  Here’s a recap of how the stimulus bill became a law, and what the final plan means for home buyers. First, the Senate and the House passed their own ideal economic recovery bills. [...]

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